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REO Securities Limited

 

REO Securities Limited was incorporated in April 2007 as a wholly owned subsidiary of Real Estate Opportunities Limited ("REO"). It was formed as part of a scheme of arrangement in which holders of Zero Dividend Preference shares ("ZDPs") in REO were allocated ZDPs in REO Securities Limited on a one for one basis and the REO ZDPs were subsequently cancelled.

The scheme of arrangement was designed to enable the holders of ZDPs in REO to be repaid in full in 2011 without REO itself being wound up. The scheme of arrangement was completed on 14 February 2008 and the ZDPs in REO were suspended from trading on the London Stock Exchange on 18 February 2008. ZDPs in REO Securities Limited were admitted to trading on the London Stock Exchange on 18 February 2008.

   
 

This link will present information from the London Stock Exchange showing the share price and other financial indicators as they were approximately 15 minutes ago.

  REO Securities Limited Zero Dividend Preference Shares

 

 

 

                     
      Registered Office Whitley Chambers, Don Street, St Helier, Jersey JE4 9WG
Registered Number 97292           ©REO Securities Limited 2008