Eastern European Property Fund Ltd Sale of Romanian subsidiary (8428S)
28 December 2016 - 8:00PM
UK Regulatory
TIDMEEP
RNS Number : 8428S
Eastern European Property Fund Ltd
28 December 2016
Eastern European Property Fund Limited
("EEP" or the "Company")
Proceeds received from sale of Romanian subsidiary
28 December 2016
Further to the Company's announcement on 12 December 2016, EEP
has received the first tranche of proceeds of EUR 1.16 million from
the sale of its Romanian subsidiary, Southern Properties SRL, the
holding company for the property located in Bucharest.
The remaining EUR 0.34 million is payable in instalments by 30
June 2018. The deferred consideration has been secured by a charge
on the underlying property.
Enquiries:
Company Secretary Steve Pearce (nominated
Elysium Fund Management adviser)
Limited Henry Freeman (corporate
broker)
Liberum Capital Limited
Tel: +44 1481 810100 Tel: +44 203 100 2000
www.elysiumfundman.com www.liberum.com
Company website: www.eepfl.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCKMMZZRRKGVZG
(END) Dow Jones Newswires
December 28, 2016 04:00 ET (09:00 GMT)
Eastern European Property (LSE:EEP)
Historical Stock Chart
From Apr 2024 to May 2024
Eastern European Property (LSE:EEP)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about East Euro Prop. (London Stock Exchange): 0 recent articles
More East Euro Prop. News Articles