TIDMMLD

RNS Number : 9967I

Mirland Development Corporation PLC

05 September 2016

5 September 2016

MirLand Development Corporation PLC

(the "Company")

Result of EGM

Result of Bondholder Meeting

The Company announces that at the Extraordinary General Meeting ("EGM") held earlier today, all resolutions, including approval of the Settlement Plan, were passed unanimously.

The full text of the resolutions passed at the EGM can be found in the circular to shareholders of the Company dated 19 August 2016 (the "Circular") and Notice of EGM which is available for inspection at http://www.mirland-development.com/investors/notifications.

The Company further announces that at the Bondholder Meeting held earlier today the Settlement Plan has been approved by 96.3% of the Bondholders' votes.

The Company will now proceed with filing of the application with the District Court of Paphos for final approval of the Settlement Plan and will make further announcements in due course.

All terms in this announcement have the meaning given to them in Circular unless otherwise defined herein.

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

MSCBUGDCGBGBGLU

(END) Dow Jones Newswires

September 05, 2016 11:12 ET (15:12 GMT)

Mirland (LSE:MLD)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Mirland Charts.
Mirland (LSE:MLD)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Mirland Charts.