Phoenix Spree Deutschland Ltd

Overview
Phoenix Spree Deutschland is a closed ended fund. The Company was incorporated on 2 April 2007 and subsequently raised gross proceeds of c40.5m through the issue of c40.5m Ordinary no-par value shares, at a consideration of 1 each. The Ordinary shares were admitted for listing on the Channel Island Stock Exchange on 23 August 2007. The Group's objective is to generate an attractive return for shareholders through the acquisition and active management of high quality pre-let German properties. The Group is primarily invested in the residetial market, supplemented with selective investments in commercial properties. The Directors of Phoenix Spree Deutschland, at their sole discretion, reserve the right to restrict orders under certain circumstances. These circumstances are set out in the Prospectus. In the interests of controlling the administrative burden resulting from the trading facility, the Directors request that buyers/ sellers observe a minimum order size of 10,000 shares. Read the Prospectus at www.sharemark.com/psdl-prospectus