Dragon-Ukrainian Prop. & Dev. PLC Distribution to Shareholders (4080M)
27 4월 2018 - 7:37PM
UK Regulatory
TIDMDUPD
RNS Number : 4080M
Dragon-Ukrainian Prop. & Dev. PLC
27 April 2018
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No. 596/2014.
Dragon-Ukrainian Properties & Development PLC
("DUPD" or the "Company")
27 April 2018
Distribution to Shareholders
The Company is pleased to announce receipt of the final payment
of USD 2 million from the sale of the remaining interest in the
Obolon Residences project. In addition, the Company is pleased to
announce the conversion of the sale proceeds of the Rivne land plot
from Hryvnia into US Dollars (previously announced on 22 September
2016).
As a result, the board of directors of the Company has decided
to make a distribution of USD 2,187,230.30, or USD 0.02 per
ordinary share, to its shareholders. This decision is in accordance
with Company's Investing Policy, which states that surplus capital
will be returned to shareholders and is made under Article 127 of
Company's Articles of Association.
The relevant record date for the distribution will be 11 May
2018, the corresponding ex-distribution date will be 10 May 2018,
and the distribution is expected to be paid to shareholders on 16
May 2018.
For further information, please contact:
Dragon Ukrainian Properties & Development Plc
(www.dragon-upd.com)
+380 (50)
Mark Iwashko (Chairman) 381 8811
DCM Limited (Investment Manager)
+380 44 490
Volodymyr Tymochko 7120
Panmure Gordon (UK) Limited
+44 (0)20
Richard Gray / Andrew Potts 7886 2500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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