International Real Estate Plc
27 July 2007
International Real Estates Plc / Epic: IRE / Index: AIM / Sector: Property
27 July 2007
INTERNATIONAL REAL ESTATE PLC
Notice of EGM
International Real Estate PLC ('IRE' or the 'Company'), the AIM listed European
property investment and development company, announces the convening of an
Extraordinary General Meeting ('EGM') of the Company for the purpose of
increasing the Company's authorised share capital and enabling the Company to
allot shares and do so for cash on a non pre-emptive basis.
The purpose of the resolutions sought at the EGM is to enable the Board to have
maximum flexibility and to be able to conclude a quick way forward to fund the
development of its property portfolio in a manner in which it believes is in the
best interests of the shareholders in the Company ('Shareholders'). The
resolutions sought at the EGM will also enable the current shareholder base to
be broadened and the influence of the majority Shareholder diluted.
The EGM will be held at the offices of Trowers & Hamlins, Sceptre Court, 40
Tower Hill, London EC3N 4DX on 21 August 2007 at 10.00 a.m.
The circular containing certain information and the notice of the EGM details is
being posted today to Shareholders and will be available from the Company's
website at www.ireplc.com shortly thereafter.
* * ENDS * *
For further information please visit www.ireplc.com or contact:
Rolf L Nordstrom International Real Estate Plc Tel: 0044 (0) 20 7495 1480
Daniel Akselson International Real Estate Plc Tel: 0031 (0) 653 304 590
Hugo de Salis St Brides Media & Finance Ltd Tel: 0044 (0) 20 7242 4477
David Anderson KBC Peel Hunt Ltd Tel: 0044 (0) 20 7418 8900
Oliver Stratton KBC Peel Hunt Ltd Tel: 0044 (0) 20 7418 8900
This information is provided by RNS
The company news service from the London Stock Exchange