MLD.L Share Price (MLD)

The 10p trade. Odd And May

Update to AIM Cancellation and TASE Admission timetable avoid Further to the announcement by the Company on 17 November 2016 in relation to the Settlement Plan, the Company announces that TASE Admission and AIM Cancellation will now become effective on 22 December 2016, instead of 21 December as previously notified.

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Interesting!!!

Nigel Wright, Chairman, commented: "The third quarter has seen continuing solid progress for the Company, in particular at our principal residential project, Triumph Park, St. Petersburg. We have achieved higher than forecast sales of apartments in the first phase, and have already launched phase two, where we are experiencing similarly strong sales. We have also secured additional bank financing for Triumph Park despite continuing poor liquidity in the credit markets and this affirms the market view of both the scheme and Mirland's management. "The success of this development, combined with the very high occupancy rates within our income producing office and retail investment portfolio is encouraging. Meanwhile we continue our work in actively progressing our development pipeline and identifying new opportunities. I remain confident that, given continuing stable market conditions, the quality of our existing and pipeline projects will enable us to generate long term value on behalf of our shareholders."