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News and Information Article
LUXEMBOURG, November 30 /-FirstCall/ -- Pursuant to the exercise of 558,207 stock warrants, the conversion of 300 convertible bonds (5.5 % - 2011), 186,369 additional shares have been issued and created. (ISIN code LU0122624777) The corporate capital is fixed at EUR 33,976,056.3 common shares representing 8,286,843. For additional information please visit: http://www.orcogroup.com or contact: Luxembourg Luc Leroi Tel : +352-26-47-67-47 lleroi@orcogroup.com Prague Ales Vobruba Tel+42-02-21-416-311 av@orco.cz Orco Property Group is a leading investor, developer and asset manager in the Central European real estate and hospitality market, currently managing assets of approximately EUR 1 billion as estimated at 30/06/2006. Operating in Central Europe since 1991, Orco Property Group is a public company, based in Luxembourg, and listed on both the Euronext and Prague Stock Exchange. Orco Property Groups portfolio includes, IPB Real, MaMaison Hotels & Apartments, Orco Real Estate, and other retail properties. Orco Property Group operates in a number of countries including, mainly, the Czech Republic, Hungary, Poland, Russia, Croatia, Germany and Slovakia. Orco Property Group is continually analyzing investment into new territories. Orco Property Group is also sponsor and manager of the Endurance Real Estate Fund for Central Europe (The Endurance Fund), a Luxembourg-regulated, closed-end umbrella fund whose total subscribed capital represents EUR 141.6 million, and which currently manages assets of approx. EUR 160 million. Estimated total value of the Funds portfolio after investment of full subscribed capital is ca. EUR 500 million. The Endurance Fund is dedicated to institutional investors and focuses on acquisitions in Central European real estate markets. s.server=server() s.channel="News Release" s.pageName="Orco Property Group : Exercice of Stock Warrants (bons de souscription dactions) and Conversion of Bonds (obligations convertibles en actions)" s.prop2="109" s.prop3="11-30-2006" s.prop4="" s.prop5="" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code);
 
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