Added to YB: 2026-04-14
Pitch date: 2026-04-10
SPDI.L [neutral]
Secure Property Development & Investment Plc
Author Info
No bio for this author
Company Info
Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets.
Market Cap
GBP 1.9M
Pitch Price
GBP 0.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.3K
P/E
-6.52
EV/Sales
2.89
Sector
Capital Markets
Category
special_situation
Theodosian Capital | Stocks Update 10/4/2026 - SPDI – Another twist
SPDI.L (holding update): Amended Adven deal now structured as acquisition of SPDI vs RTO, valuing co at ~€2M. Pro-forma net cash €450K. Adven to list on AIM, issue shares to SPDI holders, then cancel SPDI listing by end-June. No update on Arcona share transfer (bulk of value pre-Sep). Plan to exit at earliest opportunity post-Arcona distribution, no interest in Adven shares.
Read full article (1 min)