MLD Mirland Dev.

TIDMMLD

RNS Number : 1822X

Mirland Development Corporation PLC

26 August 2015

26 August 2015

MirLand Development Corporation plc

("MirLand" or the "Company")

Filing of Shelf Prospectus with Israeli Securities Authority

MirLand, one of the leading residential and commercial property developers in Russia, announces that it has published a Shelf Prospectus in Israel. The Shelf Prospectus would allow the Company, subject to additional approvals and amendments, including that of the Israeli Securities Authority and the Tel Aviv Stock Exchange, to issue such securities as may be agreed with the Bondholders of the Company. Such issuance/offering may be required in connection with and as part of the consummation of a restructuring plan that is being negotiated with the Trustees of the Bondholders, as was previously announced by the Company on 7 July 2015.

Further updates will be provided in due course.

 
MirLand Development Corporation        +7 495 787 49 
 plc                                    62 
 Roman Rozental                         +7 499 130 31 
 roman@mirland-development.com          09 
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

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August 26, 2015 09:31 ET (13:31 GMT)

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