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Phoenix Spree Deutschland Ltd - invests in Berlin residential real estate - Completes compulsory redemption of ordinary shares, buying back 6.8 million shares, 7.4% of the total, for cancellation. The shares are purchased at £2.56, making the capital return worth £17.5 million in total. The remaining 85.0 million shares, trading under a new ISIN identifier from Wednesday, give the company a market capitalisation of £137.7 million. Current stock price: 162.00 pence 12-month change: down 4.4% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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