Investor Relations

Carpathian PLC is incorporated in the Isle of Man, under registered company number 113626C. As such, the rights of shareholders may be different from the rights of shareholders in a company incorporated in the United Kingdom.

Carpathian PLC was formed in July 2005, when on Admission to AIM it raised £140 million of equity by way of an offer to institutional investors. The Company was formed for the purpose of creating value by investing in commercial retail property assets in Central and Eastern Europe.

In April 2007 the Company announced its intention to issue a further £100 million by way of an additional offer to institutional investors. This Placing was successfully concluded in May 2007. The Placing was in response to the Company’s investment strategy which has evolved as new opportunities emerge in a dynamic market environment. Accordingly additional shareholder value can now be found in development projects showing strong locational and tenant demand characteristics. Therefore, while we continue to focus predominantly on income producing assets, a substantial number of developments are being interrogated.

Participation in development and regeneration projects offers the potential of an excellent overall return to Shareholders. Such development and regeneration projects will comprise no more than 25 per cent of the equity share capital of the Company at any one time.

By adopting a blended approach, the Company will continue to invest a majority of its resources in established property assets and seek to augment the diversity and overall return achieved by the portfolio with new development projects.

The Company is focused on those countries that have benefited from EU accession on 1 May 2004 and 1 January 2007 respectively. The company is currently operating in the following countries; Czech Republic, Hungary, Latvia, Lithuania, Poland, and Romania. Other target countries of the Company include Bosnia, Bulgaria, Estonia, Serbia, Slovakia, Croatia and Slovenia.

The Company is externally advised by Carpathian Asset Management Ltd which has a team of professionals resident in UK, Poland, Hungary and Romania.