Source - SMW
Dragon-Ukrainian Properties & Development said its  independent directors  expected to write to shareholders later today with a formal response to the offer document  by Dragon Capital Investments.

It said a  further announcement would be released when this was published and it advised DUPD shareholders to take no action for the time being.  

At 9:43am: (LON:DUPD) DragonUkrainian Properties  Development PLC share price was +0.01p at 14.63p