29th Jan 2016 11:08
LONDON (Alliance News) - Dragon-Ukrainian Properties & Development PLC on Friday said it will distribute USD6.0 million to shareholders following a recent asset sale and further sales from a residential project.
The Ukraine-focused property developer said it would distribute a total of USD6.0 million, or USD0.055 per share, to shareholders on February 12.
The funds come following the USD5.0 million sale of the development rights for the Obolon Residence project and from further sales from the Sadok Vyshnevy residential project.
Shares in the company were trading up 1.9% at 13.75 pence Friday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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