DDC Dawnay Day

RNS Number:7730W
Dawnay, Day Carpathian PLC
17 May 2007


 Not for release, publication or distribution in whole or part, in or into the
 United States, Canada, Australia, Japan or any other jurisdiction if to do so
     would constitute a violation of the relevant laws of such jurisdiction

                          DAWNAY, DAY CARPATHIAN PLC
                           ("DDC" or "the Company"),
                                                                     17 May 2007

                             Result of Placing

Dawnay, Day Carpathian PLC, the retail commercial property investment company
established to invest in Central and Eastern Europe, is pleased to announce that
at its EGM held earlier today, all the resolutions, which included an increase
to the authorized share capital as well as the approval of the final dividend of
4p per ordinary share in respect of the financial year ended 31 December 2006,
were passed.

As a result, a total of 83,333,334 new ordinary shares (the "Placing Shares")
will be issued pursuant to the placing announced on 24 April 2007, raising
approximately #100 million before expenses. Application has been made for the
Placing Shares to be admitted to trading on AIM and it is expected that
admission will become effective and that dealings in the Placing Shares will
commence at 8.00 am on 18 May 2007.

Enquiries:

Dawnay, Day PanTerra        Peter Klimt             020 7834 8060
                            Paul Rogers
                            Balazs Csepregi

Numis Securities            Andrew Dawber           020 7260 1000
                            Anthony Richardson
                            Bruce Garrow

Cardew Group                Tim Robertson           020 7930 0777
                            Catherine Maitland

The contents of this announcement, which have been prepared by the Company and
are the sole responsibility of the Company, have been approved solely for the
purposes of section 21(2)(b) of the Financial Services and Markets Act 2000 by
Numis Securities Limited. Numis Securities Limited is regulated in the United
Kingdom by the Financial Services Authority and is acting exclusively for the
Company and no-one else in connection with the Placing and will not regard any
other person (whether or not a recipient of this announcement) as its clients,
nor will it be responsible to anyone other than the Company for providing the
protections afforded to customers of Numis Securities Limited nor for providing
advice in relation to the Placing, the contents of this announcement or any
transaction, arrangement or other matter referred to herein.

This announcement, including information included or incorporated by reference
in this announcement, may contain "forward-looking statements" concerning the
Company. Generally, the words "will", "may", "should", "continue", "believes",
"expects", "intends", "anticipates" or similar expressions identify
forward-looking statements. The forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from those
expressed in the forward-looking statements. Many of these risks and
uncertainties relate to factors that are beyond the companies' abilities to
control or estimate precisely, such as future market conditions and the
behaviours of other market participants, and therefore undue reliance should not
be placed on such statements. The Company assumes no obligation and do not
intend to update these forward-looking statements, except as required pursuant
to applicable law.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
REGOKOKKDBKDKPD

Dawnay Day Carpathian (LSE:DDC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Dawnay Day Carpathian (LSE:DDC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024