Secure Property CEO increases stake in company

Published 28/05/2025, 10:56
Secure Property CEO increases stake in company

LONDON - Secure Property Development & Investment PLC (AIM:SPDI), a real estate company focused on South Eastern Europe, has disclosed a significant shareholding change involving its Chief Executive Officer, Lambros Anagnostopoulos. In an off-market transaction dated May 27, 2025, Badoli Investments Ltd., where Anagnostopoulos holds a majority interest, acquired 1,447,159 Ordinary Shares of SPDI.

Following this acquisition, Badoli’s beneficial interest in SPDI has increased to 14,587,399 Ordinary Shares, which equates to an 11.29% stake in the company’s issued share capital. Additionally, Anagnostopoulos personally holds 1,001,092 Ordinary Shares.

This transaction has been made public in accordance with the regulations for the notification and disclosure of transactions by persons with managerial responsibilities and those closely associated with them. The details of the deal, including the price of 3p per share, have been initially notified, marking a notable change in the ownership structure of SPDI.

The information released is considered inside information under the EU Regulation 596/2014, and the company has fulfilled its obligation to disclose such changes to the market. This announcement is based on a press release statement from Secure Property Development & Investment PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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