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LONDON - Secure Property Development & Investment PLC (AIM:SPDI) has confirmed the timetable for its planned distribution of Arcona Property Fund N.V. shares to its shareholders, according to a press release statement issued Thursday.
The distribution will have an ex-date of September 12, 2025, with the record date set for September 15, 2025. SPDI indicated it will provide further details about the repayment process after the record date.
This announcement follows the company’s previous statement on September 8, 2025, regarding the distribution of its holdings in Arcona Property Fund N.V.
SPDI, which focuses on South Eastern European property markets, trades on London’s AIM market. The company specializes in commercial and industrial properties in populous locations with long-term rental contracts from established tenants.
The company’s management team includes executives with experience managing real estate companies across various European countries in both private and public sectors.
SPDI stated it will issue additional information after the record date specifying the steps shareholders need to take to receive the Arcona Property Fund shares as part of the capital reduction.
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