Acquisition of Shares

16 Apr 2007 07:02

Dolphin Capital Investors Limited16 April 2007 16 April 2007 Dolphin Capital Investors Limited (DCI.L) Further re: acquisition of Aristo Developers Plc and PublicOffer to acquire the remaining shares Further to the announcements dated 5&11 April 2007, Dolphin Capital Atlantis Ltd(a subsidiary of Dolphin Capital Investors Ltd) acquired on market an additional3,099,733 (2.31%) shares in Aristo Developers Plc "(Aristo") at prices notexceeding €2.15 per share, on 11, 12 and 13 April 2007. Dolphin Capital Atlantis Ltd has already acquired 24.01% of the share capital ofAristo, and has also secured the acquisition of 59.54% of Aristo from Mr. Theodoros Aristodemou (and persons associated to him), the principal shareholder and founder of Aristo. The transfer of the stake of 59.54% to Dolphin Capital Atlantis Ltd is subject to the approval of the Commission for the Protection of Competition and any other competent authority. Accordingly, Dolphin Capital Atlantis Ltd directly holds 26.32%, and a further59.54% is held via escrow agents, representing a total of 85.86% of the sharecapital of Aristo. Contacts:Dolphin Capital Investors www.dolphincapitalinvestors.comMiltos E Kambouridesmiltos@dolphincp.comPierre A Charalambidespierre@dolphincp.com Adventis Financial PRAnnie Evangeli 020 7034 4757 / 07778 507 162aevangeli@adventis.co.uk Grant Thornton Corporate Finance (Nominated Adviser) 020 7383 5100Philip Secrett Panmure Gordon 020 7459 3600(Broker)Richard Gray / Dominic Morley / Andrew Potts This information is provided by RNS The company news service from the London Stock Exchange