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Real Estate Opportunities Limited
Real Estate Opportunities Limited (the "Company") (LSE:REO) announces that in accordance with the FSA announcement on 9 January 2009 relating to DTR 3.1.2, the following persons have granted security over shares and convertible unsecured loan stock (“CULS”) in the Company. Ray Horney, the Chairman, has pledged 8,151,166 shares and 4,662,970 CULS as part collateral for loans entered into on 6 July 2007 and 18 January 2008. Treasury Holdings, which is owned as to 50 per cent. by Richard Barrett, a director of the Company, and is therefore a connected person of Richard Barrett, has pledged 94,554,956 shares and 13,553,790 CULS as collateral for loans entered into on 26 July 2005 and 23 December 2008. |
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