SECURE PROPERTY Development & Investment (GB:SPDI) has released an update.
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Secure Property Development & Investment PLC, a real estate company focusing on South Eastern Europe, has announced that its shareholders passed all resolutions during the Extraordinary General Meeting. These resolutions will enable a restructuring of the company’s share capital, including the cancellation of Class B shares and reduction of the share premium account. The changes will allow for a distribution of Arcona Property Fund N.V. shares or cash to shareholders, as decided by the board.
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