2 Jun 2010 10:06
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2 June 2010
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MirLand Development Corporation plc
('MirLand' / the 'Company')
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MIRLAND FILES SHELF PROSPECTUS
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MirLand Development Corporation plc, one of the leading residential and commercial property developers in Russia, is pleased to announce that the Israeli Securities Authority has approved the issuance of a shelf prospectus for a possible offer of the Company's securities in Israel. The shelf prospectus provides the Company the flexibility to raise funds in Israel for a period of two years from its approval. The amount and terms of any such funding will depend on market conditions at the appropriate time.
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For further information, please visitΒ www.mirland-development.com, or contact:
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MirLand Development Corporation plcΒ Roman Rozental roman@mirland-development.com Β |
+7 499 130 31 09 Β |
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Financial DynamicsΒ Dido Laurimore / Rachel Drysdale dido.laurimore@fd.com / rachel.drysdale@fd.com Β |
+44 20 7831 3113 |
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