Dragon Capital Investments Limited, a Cypriot subsidiary of Dragon Capital Group, has made an offer to the shareholders of Dragon Ukrainian Properties and Development Plc (DUPD, the Isle of Man) to buy back their securities at a price of GBP 0.13 per share.

According to a report by Dragon Capital on the London Stock Exchange, thus, the entire share capital of DUPD is valued at GBP 14.22 million.

Currently, the offer on buyback is voluntary. If Dragon Capital manages to concentrate 90% of the securities this way, it intends to buy back the remaining shares being in circulation without fail.

DUPD was founded in late February 2007. Its portfolio includes Kyiv-based Obolon Residences residential complex (the area of premises for sale without parking lots is 45,593 square meters), the Riviera Villas housing estate in the suburbs of Kyiv (the total land area is 14.3 hectares, the share of DUPD is 59.6%) and the Green Hills housing estate (16.2 hectares, 100%), a share in Arricano development company, 38 apartments in the Sadok Vyshnevy housing estate, as well as a number of land plots in different regions of Ukraine.