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Director's Dealing

28 May 2009 14:40

RNS Number : 9645S
Mirland Development Corporation PLC
28 May 2009
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28Β May 2009Β 

MIRLAND DEVELOPMENT CORPORATION PLC

(the "Company")

Director's Dealing

MirLand Development CorporationΒ plc, one ofΒ Russia's leading residential and commercial property developers, announces thatΒ it was notifiedΒ onΒ 26Β May 2009Β that MrΒ Eyal Fishman,Β a non-executive director of the Company,Β purchasedΒ 30,000Β ordinary shares onΒ 6 April 2009Β at a price of Β£0.50Β per share forΒ aΒ total consideration of Β£15,000.

Following the purchase,Β MrΒ FishmanΒ a non-executive director of the CompanyΒ nowΒ holdsΒ 150,000Β ordinary shares in the Company, representingΒ 0.14% of its issued share capital.

Mr Fishman alsoΒ holds a 15.8% equity interest in two companies which, through various intermediate companies hold an effective interest of approximatelyΒ 72.5% ofΒ Jerusalem EconomyΒ Ltd ("JEC"),Β which holds aΒ 28.8% interest in the Company.Β JEC also holds an interest of approximatelyΒ 71.7% in Industrial Buildings Corporation Ltd which holds approximatelyΒ 34% of MirLand.

For further information:

MirLand Development Corporation plcΒ 

Roman Rozental

roman@mirland-development.com

+972 52 2776640

+7 499 130 31 09

Financial DynamicsΒ 

Dido LaurimoreΒ /Β Rachel Drysdale

dido.laurimore@fd.comΒ /Β rachel.drysdale@fd.com

+44 20 7831 3113

This information is provided by RNS
The company news service from the London Stock Exchange
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