TIDMDDE

RNS Number : 9077W

Develica Deutschland Ltd

26 November 2010

FOR IMMEDIATE RELEASE

26 November 2010

Develica Deutschland Limited (the "Company"), the AIM-listed German property investment company, announces that today Develica Deutschland Management Limited ("DDML"), the Manager to the Company, acquired 1,000 000 ordinary shares in the Company of EUR0.01 each ("Ordinary Shares") at EUR0.025 per Ordinary Share for a total consideration of EUR25,000.

As a result of this latest purchase DDML now owns a total of 33,925,000 Ordinary Shares, equivalent to 13.57% of the Company's issued share capital.

Ends.

Contact:

Philip Secrett, Grant Thornton Corporate Finance. Tel: 020 7728 2578

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEQLFLBFFBFBD

Develica (LSE:DDE)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Develica Charts.
Develica (LSE:DDE)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Develica Charts.