TIDMSPD 
 
SECURED PROPERTY DEVELOPMENTS PLC 
 
Unit 6 ,Orchard Mews ,42 Orchard Road 
 
Highgate,London N6 5TR 
 
NOTIFICATION OF REGISTRATION FOR ELECTRONIC 
 
SETTLEMENT JUNE 2015 
 
To: All members of the Company 
 
Notification of directors' resolution relating to the CREST system SECURED 
PROPERTY DEVELOPMENTS PLC ordinary shares of GBP0.20 each - ICAP ISDX Growth 
Market 
 
This is to give you notice, in accordance with the Uncertificated Securities 
Regulations 2001 (the Regulations), that on 22 June 2015, the Company resolved 
by a resolution of its directors that title to the ordinary shares of GBP0.20 
each in the capital of the Company, in issue or to be issued, may be 
transferred by means of a relevant system. The resolution of the directors will 
become effective immediately. 
 
Explanatory note 
 
The above notice is the notice that the Company is obliged to give to its 
members, under the Regulations, of the passing of a "directors' resolution" (as 
defined in the Regulations) in relation to its ordinary shares. The directors' 
resolution will enable the Company's ordinary shares to join CREST in due 
course. The shares have not become transferable by means of the CREST system 
merely by virtue of the passing of the directors' resolution; the permission of 
the Operator of the system, Euroclear UK & Ireland, must also be given before 
the shares can become so transferable.  The effect of the directors' resolution 
is to disapply, in relation to the ordinary shares, those provisions of the 
Company's articles of association that are inconsistent with the holding and 
transfer of those shares in CREST and any provision of the Regulations, as and 
when the shares concerned enter the CREST system The Company passed the above 
resolution because it has been notified by ICAP that with effect from January 
2015, the Central Securities Depositories Regulation (CSDR) will come into 
force, which mandated that all transferable securities are required to be 
eligible for settlement in dematerialised form within CREST. The Company 
currently trades its shares on the ISDX market and has been advised further 
that to continue to be able to do so, it needs to have the capability to 
dematerialise its ordinary shares. The Company's shares have not previously 
been eligible for settlement in dematerialised form. The Company has considered 
the implications and options available and the Directors have concluded that it 
is in the best interests of the Company and its stakeholders to provide 
liquidity to its shares through continuing to trade them on the ISDX market and 
accordingly to dematerialise the ordinary shares so that they are eligible for 
settlement within CREST. 
 
The necessary paperwork will now be completed and the Company will apply to 
Euroclear UK & Ireland to have the ordinary shares admitted to CREST so that 
moving forward they can be settled in either dematerialised form or in 
certificated form. 
 
Registrars: 
 
The Company has appointed Avenir Registrars Ltd to maintain the register of 
Ordinary Shares in CREST. 
 
Avenir Registrars Ltd 
 
Suite A, 6 Honduras Street, 
 
London 
 
EC1Y 0TH 
 
ylva.baeckstrom@avenir-registrars.co.uk 
 
www.avenir-registrars.co.uk 
 
Telephone 020 7692 5500 
 
Process for dematerialisation by holders of eligible securities: 
 
The information provided to shareholders principally refers to the obligations 
of the Issuers of a Security. For Holders, paper certificates may continue to 
exist in parallel with Securities enabled in CREST.  There is little direct 
impact other than the change to T+2 settlement cycle and impact on ex-dividend 
dates (that moved from 2 days to 1 day before record date).  However, this may 
give rise to practical barriers for transactions in paper Securities.  Holders 
should consult their financial adviser or stockbroker for details. 
 
Holders who wish to dematerialise their holdings may contact their stockbroker 
to lodge their holdings in an appropriate nominee or directly into a CREST 
personal member account.  The process will typically involve providing their 
share certificate along with an appropriately completed J30 stock transfer to 
their stockbroker.  The stockbroker will arrange dematerialisation of the 
holding via CREST counters and Avenir Registrars Ltd. 
 
Future communications: 
 
Nominees - holders of dematerialised securities held in an appropriate 
stockbroker Nominee should communicate directly with their stockbroker for 
holdings and other details.  The stockbroker will be able to provide all 
necessary support as the legal holder. 
 
CREST Personal Member accounts - those who transfer their holdings into a CREST 
personal member account should also contact their stockbroker in the first 
instance as these are sponsored accounts and the stockbroker will have all 
appropriate details.  However, they may also contact the Registrars for 
details. 
 
Physical Holdings - Those who continue to hold securities in certificated form 
may contact the Registrars who will arrange to provide electronic access to 
view their individual entry on the Register of Holders. 
 
Yours faithfully 
 
I  H Cobden 
 
Company Secretary 
 
22 June 2015 
 
 
 
END
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