Business
2025 Interim Results
Secure Property Development & Investment PLC reported its 2025 interim results, highlighting progress in its asset sale process with Arcona Property Fund, holding 1,152,381 Arcona shares and 115,543 warrants. A new joint venture in Cyprus was established with Myrian New Limited, housing €2.5 million of loan exposure converted into equity. The company disposed of the Kiyanovskiy land plot in Ukraine for €1.08 million plus 68,782 new Arcona ordinary shares. The operating result after finance and taxes was -€0.2 million, compared to -€0.01 million in the first half of the year, primarily due to lower interest income following loan conversion to equity. The company's shareholding in Arcona is valued at approximately €12.4 million. Net operating income increased by 5.5% to €0.43 million. Disclaimer*
About this update from Secure Property Development & Investment Plc
[{"type":"text","content":"\n\n30 September 2025\n \nSecure Property Development & Investment PLC ('SPDI')\n \n2025 Interim Results\n \nSecure Property Development & Investment PLC, the AIM quoted Southern Eastern European focused property company, is pleased to announce its unaudited interim results for the period ended 30 June 2025.\n \nOverview\n \n· Further progress towards completion of asset sale process with Arcona Property Fund N.V., finalising the transaction originally announced in 2018. The Company now holds 1,1,52,381 Arcona shares and 115,543 warrants\n· Established a new joint vehicle in Cyprus with Myrian New Limited to house the €2.5 million of loan exposure converted into equity.\n· Disposal of Kiyanovskiy land plot in Ukraine in February 2025 for €1.08 million plus 68,782 new ordinary shares in Arcona\n· Operating result after finance and taxes at -€0.2m, compared to -€0.01m in H1, primarily due to lower interest income following loan conversation to equity in the Romanian logistics venture.\n \nMicheal Beys, Chairman of the Board, said: \"We were delighted to report the progress of the transaction with Arcona Property Fund during the first half of 2025, a strategic process that began in 2018. This has delivered SPDI a significant shareholding in Arcona, now valued at around €12.4 million.\n \n\"I would like to thank my fellow directors, management and our shareholders for their continued support.\"\n \n**ENDS**\n \nCopies of the Interim Report and Accounts are available on the Company's website at www.secure-property.eu.\n \n**ENDS**\nThis announcement contains inside information for the purpose of Article 7 of EU Regulation 596/2014\n\n\n\n\nLambros Anagnostopoulos\n \n \n\n\nSPDI\n\n\nTel: +357 22 030783\n\n\n\n\nRory Murphy\nRitchie Balmer\n \n \n\n\nStrand Hanson Limited\n\n\nTel: +44 (0) 20 7409 3494\n\n\n\n\n Jon Belliss\n \n \n\n\nNovum Securities Limited\n \n \n\n\nTel: +44 (0) 207 399 9400\n\n\n\n\nSusie Geliher\nCharlotte Page\n \n\n\nSt Brides Partners Ltd\n\n\nTel: +44 (0) 20 7236 1177\n\n\n\n\n \n1. Management Report\n1.1 Corporate Overview & Financial Performance\n&n...
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