MLD Mirland Dev.

TIDMMLD

RNS Number : 7130V

Mirland Development Corporation PLC

20 April 2016

20 April 2016

MirLand Development Corporation plc

("MirLand" or the "Company")

Statement re: Bondholder announcement

MirLand announces that further to the announcement made by the Company on 13 April 2016 (the "Previous Announcement"), on 19 April 2016 the Trustees announced to the Tel Aviv Stock Exchange that the principles of the Proposed New Restructuring Terms have been approved by Bondholders.

Unless otherwise defined, capitalised terms in this announcement have the meaning given to them in the Previous Announcement.

The Company will make further announcements in due course.

For further information, please visit www.mirland-development.com or contact:

 
 
 
MirLand Development Corporation     +7 495 787 49 
 plc                                62 
 Roman Rozental                     +7 499 130 31 
 roman@mirland-development.com      09 
FTI Consulting 
 Dido Laurimore / Tom Gough 
 / Ellie Sweeney                    +44 20 7327 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

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