Completion of Restructuring (4611G)
12 Maio 2011 - 5:04AM
UK Regulatory
TIDMREO
RNS Number : 4611G
Real Estate Opportunities PLC
12 May 2011
12 May 2011
Real Estate Opportunities plc (the "Company")
Completion of Restructuring
Further to its previous announcements on 6 and 10 May, the
Company hereby confirms that admission of 111,336,153 ordinary
shares of no par value in connection with the Restructuring has
taken place and that the Restructuring has become effective.
The listings of both the Company's 7.5% Convertible Unsecured
Loan Stock ("CULS") and Zero Dividend Preference Shares ("ZDPs") on
the Official List (standard category) have also been cancelled.
Full details of the Restructuring are contained in Circulars
posted to Ordinary Shareholders and CULS and ZDP holders prior to
the extraordinary general meetings held on 5 May, and are available
on the Company's website at www.realestateopportunities.co.uk.
Ray Horney, Chairman, commented:
"We are very pleased to announce that the Restructuring process,
which commenced in May 2010, has now been successfully implemented.
The conclusion of this process is yet another step towards
realising our plans for the development of Battersea Power
Station."
For further information, please contact:
Real Estate Opportunities plc
Ray Horney, Chairman
Tel: +44 (0) 1273 775 225
Matrix Corporate Capital
Paul Fincham/Jonathan Becher
Tel: +44 (0) 20 3206 7000
Goodbody Stockbrokers
Linda Hickey, Corporate Broking
Tel: +353 1 641 6017
Finsbury
Gordon Simpson/Arif Shah
Tel: +44 (0) 207 251 3801
Murray Consultants
Ed Micheau
Tel: +353 1 498 0300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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