SECURE PROPERTY DEVELOPMENT & INVESTMENT PLC

Share Issue/Capital Change • Feb 28, 2013

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RNS Number : 8241Y

SPDI Secure Property Dev&Inv PLC

28 February 2013

28 February 2013

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE

UNITED STATES, CANADA, JAPAN OR AUSTRALIA

SECURE PROPERTY Development & Investment

("SPDI" or "the Company")

Completion of Placing of $17.05 million

Further to the earlier announcement by SECURE PROPERTY Development & Investment (formerly AISI Realty Public Limited) on 24 January 2013, the Company announces that it has raised $17.05 million (approximately £10.8 million), before expenses, via a placing of 14,568,842 new ordinary shares of €0.01 each in the capital of the Company (the "Placing Shares") to new and existing investors at £0.74 per Placing Share (the "Placing Price").

The Placing Shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares, including the right to receive all dividends and other distributions declared in respect of such shares after the date of their issue.

The Company will shortly apply for admission of the Placing Shares to trading on AIM, a market of the London Stock Exchange ("Admission"). It is expected that Admission will take place and that trading will commence on or about 5 March 2013. The Placing is conditional upon, inter alia, Admission becoming effective.

Following Admission, there will be a total of 25,680,817 Ordinary Shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

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Enquiries:

SECURE PROPERTY Development & Investment plc                         + 380 44 459 3000

Lambros Anagnostopoulos                                                                    www.secure-property.eu

Constantinos Bitros

Liberum Capital Limited (Nomad and Broker)                                   +44 20 3100 2222

Chris Bowman

Richard Bootle

FTI Consulting                                                                                   +44 20 7831 3113

Richard Sunderland

Will Henderson

Daniel O'Donnell

Notes to Editors:

About SECURE PROPERTY Development & Investment plc

SECURE PROPERTY Development & Investment is a Central and South Eastern European focused property company with a portfolio that comprises the 50,000 sqm Terminal Brovary logistics park in Kiev, which is 84% let, and four development projects at different stages of progression, all of which have a combined value of €50 million.

Since the start of 2013, the Company has raised $17.05 million from placing with new investors including Peter Munk and Ned Goodman which followed the recapitalisation and restructuring of the Company in August 2011 and the successful completion of various stabilising initiatives during 2012.

The recent placings have provided the Company with funds to commence its strategy for growth through the acquisition of income producing assets in Central and South Eastern Europe in order to build a more geographically diverse portfolio, whilst maintaining its emphasis on efficient asset management to create and enhance value.

SPDI employs a team of 15 experienced professionals operating across three countries. SPDI's shares are publicly traded on the AIM market of the London Stock Exchange (LSE: SPDI). SECURE PROPERTY Development & Investment ("SPDI" or "the Company"), is the trading name of SPDI-SECURE PROPERTY Development & Investment plc.

This information is provided by RNS

The company news service from the London Stock Exchange

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