Change of Name

RNS Number : 9662W

SPDI Secure Property Dev&Inv PLC

01 February 2013

 



1 February 2013

SECURE PROPERTY Development & Investment

("the Company")

Official Name Change

SECURE PROPERTY Development & Investment (formerly AISI Realty Public Limited), a South Eastern European focused property and investment company, announces that, having received approval to change its name from Aisi Realty Public Limited to SECURE PROPERTY Development & Investment at the Company's AGM on 26 November 2012, the Company now appears under this name on the London Stock Exchange and is trading under the new ticker, SPDI.

- Ends -

Enquiries:

SECURE PROPERTY Development & Investment plc                         + 380 44 459 3000

Lambros Anagnostopoulos                                                                       www.secure-property.eu

Constantinos Bitros

Liberum Capital Limited (Nomad and Broker)                                    [phone]

Chris Bowman

Richard Bootle

FTI Consulting                                                                                       [phone]

Richard Sunderland

Will Henderson

Faye Walters

Notes to Editors:

About SECURE PROPERTY Development & Investment plc

SECURE PROPERTY Development & Investment ("SECURE PROPERTY"), a trading name of SPDI-SECURE PROPERTY Development & Investment plc, is a South Eastern European focused property company incorporated in Cyprus. The Company's portfolio comprises the Terminal Brovary logistics park in Kiev (Gross Leasable Area of circa 50,000 sqm), and four development projects at different stages of progression, which have a combined value of €33 m.

SECURE PROPERTY employs a team of 15 experienced professionals operating across three countries. In August 2011, following a transaction with Narrowpeak Consultants Ltd a new internalised management team was introduced to settle the Company's liabilities and create and execute a strategy for growth. SECURE PROPERTY'S shares are publicly traded on the AIM market of the London Stock Exchange.

About South East Continent Unique Real Estate Management (SECURE)

South East Continent Unique Real Estate (SECURE) Management ("SECURE") is a private equity platform that manages property investment and development vehicles in South East Europe. SECURE Investments I and II, have invested in residential and mixed-use developments totalling circa 300,000 sqm in Bulgaria, Romania and Serbia. SECURE is domiciled in the European Union with offices in Cyprus and Romania and has an active presence in Bulgaria and Ukraine.

With €250m worth of Assets Under Management (AUM) SECURE employs a team of 16 full time professionals, working across five countries, with a wealth of international experience and a strong track record in the real estate development, investment and finance sectors. SECURE was established in 2007 and, through a conservative and risk management focused approach, has managed to steer its clients through the difficult global economic crisis whilst continuing to add value, having even achieved an increase in the Net Asset Value for its Investment Vehicles since inception.

 

END

 

 

CANLLFIEFEILIIV