MLD Mirland Dev.

TIDMMLD

RNS Number : 4975K

Mirland Development Corporation PLC

21 September 2016

21 September 2016

MirLand Development Corporation PLC

(the "Company")

Completion of Acquisition of minority interests in the Century Project

Further to the announcements by the Company on 22 June 2016, 19 August 2016 and 24 August 2016 in relation to the acquisition of minority interests in the Century Project located in Moscow, Russia (the "Acquisition"), the Company announces that on 21 September 2016 the Acquisition was completed.

Completion of the Acquisition was conditional upon completion of the debt settlement with SberBank of Russia, which took place and was announced on 20 September 2016.

For further information please contact:

 
MirLand Development Corporation 
 plc 
 
 Yevgeny Steklov 
                                     +357 (25) 871 
 Yevgeny@mirland-development.com     785 
FTI Consulting 
 
 Dido Laurimore / Ellie Sweeney 
 / Tom Gough                       +44 20 3727 1000 
 
  Investec Bank plc 
 
  Jeremy Ellis / David Anderson      +44 20 7597 4000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQPGUBWBUPQGQG

(END) Dow Jones Newswires

September 21, 2016 12:41 ET (16:41 GMT)

Mirland (LSE:MLD)
Historical Stock Chart
From Mar 2024 to Apr 2024

Mirland (LSE:MLD)
Historical Stock Chart
From Apr 2023 to Apr 2024