TIDMISH

RNS Number : 7075H

Ishaan Real Estate PLC

24 June 2013

24 June 2013

Ishaan Real Estate Plc

("Ishaan Real Estate" or the "Company")

Results of Extraordinary General Meeting

The Board of Ishaan Real Estate announces that at the Extraordinary General Meeting of the Company held today, the Resolution proposed to the meeting, as set out in the circular to Shareholders dated 24 May 2013 (the "Circular"), was duly passed.

As a result, trading in the Company's Ordinary Shares on AIM will be cancelled at 7.00 am on 25 June 2013 and the Liquidator will proceed with the members' voluntary winding up of the Company. It is expected that the Initial Distribution will be made to Shareholders by the end of July 2013.

Defined terms in this announcement have the same meanings as set out in the Circular.

Enquiries:

 
 Deutsche Bank AG, London Branch (NOMAD and broker to the Company) 
  Ben Lawrence 
  John O'Driscoll 
  Tel: +44 20 7545 8000 
 

Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and authorised and subject to limited by the Financial Conduct Authority (the "FCA"). Details about the extent of Deutsche Bank AG's authorisation and regulation by the FCA are available on request.

Deutsche Bank AG is acting for the Company and no one else in connection with the Disposal and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Deutsche Bank nor for providing advice in connection with the Disposal.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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