Business
Statement re. Press Comment
Statement re. Press Comment.
About this update from Sirius Real Estate Limited
[{"type":"text","content":"\n RNS Number : 9600Y Dawnay, Day Sirius 14 July 2008 \nDawnay, Day Sirius Limited - Notice to Shareholders\n\nThe Board of Dawnay, Day Sirius Ltd ('DDS') wants to take this opportunity to respond to recent press reports surrounding the Dawnay, Day Group. \n\nThe Board of DDS would like to remind Shareholders that DDS is a separate legal entity, resident in Guernsey and controlled by an independent board of directors, four out of five of whom are independent from its Asset Manager, Dawnay, Day Sirius Real Estate Asset Management Ltd. \n\nThe Company has received assurances from its Asset Manager that the Asset Manager is solvent and is capable of continuing to perform its duties under the asset management agreement.\n\nThe Asset Manager has also confirmed that DDS continues to hold title to its property assets directly, and continues to have safe custody over all its assets and that the funding structure of DDS is wholly independent of the Dawnay, Day Group.\n\nThe DDS investment strategy remains unchanged which is to invest in large mixed use commercial sites for upgrading to flexible workspaces in Germany.\n\nThe Board of DDS will closely monitor the situation and keep shareholders informed. \n\nEnquiries\nKevin Oppenheim\nCEO\nDawnay, Day Sirius Real Estate Asset Management Ltd\nTel: 07973 821 008\nThis information is provided by RNSThe company news service from the London Stock Exchange END SPCFXLLFVDBZBBZ \n ","length":3712,"tagName":"div"}]