Dolphin Capital Investors Limited
11 April 2007
11 April 2007
Dolphin Capital Investors Limited (DCI.L)
Further re: acquisition of Aristo Developers Plc and Public
Offer to acquire the remaining shares
Further to the announcement dated 5 April 2007, Dolphin
Capital Atlantis Ltd (a subsidiary of Dolphin Capital Investors Ltd) acquired
on market an additional 5,324,045 (3.97%) shares in Aristo Developers Plc
'(Aristo') at a price of €2.15 per share, on 5 April 2007.
Dolphin Capital Atlantis Ltd has already acquired 20.05% of the share capital
of Aristo from Aristo's second largest shareholder, and has also secured the
acquisition of 59.54% of Aristo from Mr. Theodoros Aristodemou (and persons
associated to him), the principal shareholder and founder of Aristo.
The transfer of the stake of 59.54% to Dolphin Capital Atlantis Ltd is subject
to the approval of the Commission for the Protection of Competition and any other
competent authority.
Accordingly, Dolphin Capital Atlantis Ltd directly holds 24.01%, and a further
59.54% is held via escrow agents, representing a total of 83.55% of the share
capital of Aristo.
- ENDS -
Contacts:
Dolphin Capital Investors www.dolphincapitalinvestors.com
Miltos E Kambourides
miltos@dolphincp.com
Pierre A Charalambides
pierre@dolphincp.com
Adventis Financial PR
Annie Evangeli 020 7034 4757 / 07778 507 162
aevangeli@adventis.co.uk
Grant Thornton Corporate Finance (Nominated
Adviser) 020 7383 5100
Philip Secrett
Panmure Gordon 020 7459 3600
(Broker)
Richard Gray / Dominic Morley / Andrew Potts
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