Sirius Real Estate Gets Requisition Notice From Weiss Asset

21st Jun 2010 17:13

LONDON (Dow Jones)--Sirius Real Estate Ltd (SRE.LN), said Monday that on June 18, it received notice from Weiss Asset Management LP, being the registered holder of 60,133,124 shares in the company, 20.7% of those in issue, of a requisition of an extraordinary general meeting of the company. MAIN FACTS: -The board will send to shareholders, within 21 days from receipt of this requisition, unless the proposals are withdrawn, a notice convening an extraordinary general meeting to be held not more than 28 days from the issue of the notice convening the meeting, to vote on the resolutions proposed by Weiss Asset Management LP. -The resolutions will propose the removal of Dick Kingston and Walter Hens as directors of the company, and the appointment as directors of the company of Rolf Elgeti, Michael Neuburger and Eitan Milgram. -The company will provide notice of the General Meeting in due course and in accordance with its articles of association. Shares closed Monday at 23.01 pence. -By Razak Musah Baba, Dow Jones Newswires; +44-20-7842-9275; [email protected] (END) Dow Jones Newswires June 21, 2010 12:13 ET (16:13 GMT)