Result of General Meeting

13th April 2015

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RNS Number : 0019K
Real Estate Investors PLC
13 April 2015
 



13 April 2015

 

REAL ESTATE INVESTORS PLC

(“REI” or the “Company”)

 

Result of General Meeting

 

Real Estate Investors plc (AIM:RLE), the West Midlands based property group, announces that at the general meeting held earlier today all resolutions were duly passed.

 

As set out in the circular published on 28 March 2015, 75,000,000 new ordinary shares are expected be admitted to trading on AIM on Tuesday, 14 April 2015.  Following the issue of the new shares the Company will have 186,420,598 ordinary shares in issue with each share carrying the right to one vote.  There are no shares held in treasury.  The total number of voting rights in the Company will therefore be 186,420,598 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Rules and Transparency Rules.

 

 

 

 

Enquiries:

 

Real Estate Investors Plc


Paul Bassi

 

T: +44 (0)121 265 6400

Smith & Williamson Corporate Finance Limited (Nominated Adviser)

Azhic Basirov / David Jones

 

T: +44 (0)20 7131 4000

Liberum Capital (Broker)

Tom Fyson / Jamie Richards

 

T: +44 (0)20 3100 2000

Gable Communications Limited

T: +44 (0)20 7193 7463

John Bick

 

M: +44 (0)7872 061007

E: reiplc@gablecommunications.com

 

Notes to Editors

 

Real Estate Investors is an AIM listed property investment company with a £104.4 million (as at 31 December 2014) commercial and residential portfolio principally in the West Midlands and central England.

 

Real Estate Investors is focused on delivering shareholder value through returns generated from strong yields and capital enhancements. This is achieved by targeting investments in orphaned, distressed, part-let and underperforming commercial and residential property assets.

 

Real Estate Investors is led by respected property investor Paul Bassi CBE, who has over 30 years of property experience in the West Midlands. Mr Bassi is also founder and non-executive chairman of Bond Wolfe and non-executive chairman of CP Bigwood Chartered Surveyors. Real Estate Investors was admitted to trading on AIM in June 2004. Further information on Real Estate Investors can be found at www.reiplc.com.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 

END

 
 

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