ABLON Group Limited ("ABLON" or "the Company"), a leading real estate owner and developer in Central Europe, announces that it was informed on 7 June 2012, that Ms. Adrienn Lovro, Deputy Chief Executive Officer of the Company, has purchased 10,000 ordinary shares in the Company at a price of 21.75 pence per share on 7 June 2012. As a result of this transaction, Ms. Adrienn Lovro has a beneficial interest in 4,391,383 ordinary shares in the Company, representing approximately 3.21 % of the total voting rights in the Company.
For further information, please contact:
ABLON Group Limited
Kristóf Skwarek Tel. +36 1 225 6600
Arden Partners plc
Adrian Trimmings / Justine Waldisberg Tel. +44 (0)20 7614 5900
ING Wholesale Banking (Joint Corporate Broker)
Nathalie Bachich de Recina Tel. +44 (0)20 7767 8362
Newgate Threadneedle (Financial PR)
Graham Herring Tel. +44 (0) 20 7653 9858
Terry Garrett Tel. +44 (0) 20 7653 9845
NOTES TO EDITORS
About ABLON Group Limited
Founded in 1993 in Budapest (Hungary), ABLON and its subsidiaries (together the "ABLON Group") has properties at 34 locations, of which there are 15 completed projects, one project in the construction phase and 23 development projects in Budapest, Prague, Bucharest, Warsaw and Gdansk. Its portfolio comprises a diversified mix of office, residential, retail, logistics and hotel developments valued at €484 million by external independent appraiser (GVA), as at 31 December 2011. The ABLON Group had, as at 31 December 2011, 202,000 square metres of existing and income generating office, residential, hotel, retail and logistics assets (at 15 locations) in Budapest and Prague, with a significant development land bank comprising a further 1,236,300 square metres (at 24 locations) in Budapest, Prague, Bucharest, Warsaw and Gdansk. ABLON's shares are traded on the Main Market of the London Stock Exchange under the ticker 'ABL'.
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