30th Jul 2008 17:44
30 July 2008
MIRLAND DEVELOPMENT CORPORATION PLC
("MirLand" or the "Company")
Re: Director's Dealings
MirLand Development Corporation plc, one of Russia's leading residential and commercial property developers, announces that Jerusalem Economic Corporation Ltd. ("JEC") and Industrial Buildings Corporation Ltd. ("IBC") have acquired shares in the Company as set out below.
Jerusalem Economic Corporation Ltd. |
|||
Date of notification to the Company |
Date of acquisition |
Number of ordinary shares |
Average Price (£) |
13/06/2007 |
13/06/2007 |
61,971 |
5.437074 |
17/08/2007 |
17/08/2007 |
72,079 |
4.724204 |
20/08/2007 |
20/08/2007 |
9,750 |
4.789907 |
22/08/2007 |
22/08/2007 |
5,000 |
4.730000 |
23/08/2007 |
23/08/2007 |
6,871 |
5.094749 |
24/08/2007 |
24/08/2007 |
8,200 |
5.284124 |
30/08/2007 |
30/08/2007 |
4,646 |
5.132180 |
31/08/2007 |
31/08/2007 |
2,000 |
5.230950 |
05/09/2007 |
05/09/2007 |
4,950 |
5.297848 |
20/11/2007 |
20/11/2007 |
3,500 |
5.284123 |
21/11/2007 |
21/11/2007 |
9,779 |
5.266313 |
22/11/2007 |
22/11/2007 |
14,403 |
5.103425 |
26/11/2007 |
26/11/2007 |
5,886 |
5.248716 |
27/11/2007 |
27/11/2007 |
3,878 |
5.183473 |
29/11/2007 |
29/11/2007 |
1,942 |
5.133146 |
30/11/2007 |
30/11/2007 |
2,035 |
5.203946 |
12/12/2007 |
12/12/2007 |
19,500 |
5.166183 |
30/04/2008 |
30/04/2008 |
53,300 |
4.543518 |
01/05/2008 |
01/05/2008 |
6,120 |
4.585394 |
02/05/2008 |
02/05/2008 |
5,350 |
4.534866 |
06/05/2008 |
06/05/2008 |
2,500 |
4.629900 |
07/05/2008 |
07/05/2008 |
13,750 |
4.622579 |
29/05/2008 |
29/05/2008 |
68,000 |
4.456682 |
30/05/2008 |
30/05/2008 |
14,474 |
4.599310 |
23/06/2008 |
23/06/2008 |
15,250 |
4.599310 |
26/06/2008 |
26/06/2008 |
4,617.50 |
4.361568 |
27/06/2008 |
27/06/2008 |
69,701 |
4.224380 |
01/07/2008 |
01/07/2008 |
11,100 |
4.441382 |
03/07/2008 |
03/07/2008 |
16,828.0 |
4.186536 |
04/07/2008 |
04/07/2008 |
19,499.0 |
4.161777 |
07/07/2008 |
07/07/2008 |
27,750.0 |
4.113062 |
08/07/2008 |
08/07/2008 |
16,125.0 |
4.139231 |
09/07/2008 |
09/07/2008 |
21,425.0 |
4.105311 |
10/07/2008 |
10/07/2008 |
9,000.0 |
4.075621 |
11/07/2008 |
11/07/2008 |
6,700.0 |
4.119303 |
14/07/2008 |
14/07/2008 |
5,600.0 |
4.106318 |
15/07/2008 |
15/07/2008 |
5,100.0 |
4.091222 |
16/07/2008 |
16/07/2008 |
18,800.0 |
4.066059 |
17/07/2008 |
17/07/2008 |
27,060.0 |
3.942358 |
18/07/2008 |
18/07/2008 |
10,367.0 |
3.905119 |
21/07/2008 |
21/07/2008 |
7,150.0 |
3.924344 |
23/07/2008 |
23/07/2008 |
80,112.0 |
3.636485 |
24/07/2008 |
24/07/2008 |
21,750.0 |
3.266394 |
25/07/2008 |
25/07/2008 |
90,000.0 |
3.001986 |
29/07/2008 |
28/07/2008 |
68,739.0 |
2.913816 |
Total shares held by JEC |
28,952,557 |
Industrial Buildings Corporation Ltd. |
|||
Date of notification to the Company |
Date of acquisition |
Number of ordinary shares |
Average price (£) |
11/09/2007 |
11/09/2007 |
25,000 |
4.842774 |
14/09/2007 |
14/09/2007 |
1,682 |
5.032444 |
17/09/2007 |
17/09/2007 |
750 |
5.014747 |
18/09/2007 |
18/09/2007 |
5,161 |
4.954532 |
21/09/2007 |
21/09/2007 |
3,583 |
4.882174 |
24/09/2007 |
24/09/2007 |
2,608 |
4.926081 |
02/10/2007 |
02/10/2007 |
10,000 |
5.284125 |
05/10/2007 |
05/10/2007 |
4,000 |
5.520653 |
20/12/2007 |
20/12/2007 |
5,346 |
5.081839 |
21/12/2007 |
21/12/2007 |
32,059 |
5.171095 |
28/12/2007 |
28/12/2007 |
22,500 |
5.135946 |
03/01/2008 |
03/01/2008 |
1,145 |
5.139039 |
04/01/2008 |
04/01/2008 |
2,046 |
5.139878 |
10/01/2008 |
10/01/2008 |
32,485 |
5.020141 |
14/01/2008 |
14/01/2008 |
5,200 |
5.002304 |
15/01/2008 |
15/01/2008 |
5,514 |
5.027807 |
17/01/2008 |
17/01/2008 |
1,000 |
4.881520 |
18/01/2008 |
18/01/2008 |
73,077 |
4.850323 |
21/01/2008 |
21/01/2008 |
1,033 |
4.747270 |
22/01/2008 |
22/01/2008 |
48,829 |
4.524529 |
23/01/2008 |
23/01/2008 |
28,000 |
4.625137 |
28/01/2008 |
28/01/2008 |
16,276 |
4.776518 |
29/01/2008 |
29/01/2008 |
1,000 |
5.032500 |
31/01/2008 |
31/01/2008 |
5,000 |
5.022434 |
01/02/2008 |
01/02/2008 |
2,000 |
5.030000 |
11/02/2008 |
11/02/2008 |
3,100 |
4.934177 |
12/02/2008 |
12/02/2008 |
4,200 |
4.981274 |
14/02/2008 |
14/02/2008 |
2,000 |
4.889025 |
21/02/2008 |
21/02/2008 |
1,250 |
4.948495 |
27/02/2008 |
27/02/2008 |
1,285 |
4.897595 |
03/03/2008 |
03/03/2008 |
2,600 |
4.881923 |
04/03/2008 |
04/03/2008 |
18,000 |
4.789222 |
06/03/2008 |
06/03/2008 |
1,143 |
4.849711 |
07/03/2008 |
07/03/2008 |
1,000 |
4.780870 |
10/03/2008 |
10/03/2008 |
2,080 |
4.820841 |
17/03/2008 |
17/03/2008 |
5,000 |
4.730550 |
18/03/2008 |
18/03/2008 |
1,750 |
4.712931 |
19/03/2008 |
19/03/2008 |
2,500 |
4.680224 |
31/03/2008 |
31/03/2008 |
2,946 |
4.554409 |
08/04/2008 |
08/04/2008 |
1,000 |
4.680220 |
09/04/2008 |
09/04/2008 |
13,223 |
4.689987 |
10/04/2008 |
10/04/2008 |
4,000 |
4.770810 |
11/04/2008 |
11/04/2008 |
4,999 |
4.730548 |
14/04/2008 |
14/04/2008 |
2,000 |
4.629900 |
22/04/2008 |
22/04/2008 |
5,400 |
4.628993 |
23/04/2008 |
23/04/2008 |
500 |
4.665120 |
24/04/2008 |
24/04/2008 |
140,744 |
4.574959 |
28/04/2008 |
28/04/2008 |
1,000 |
4.599700 |
30/04/2008 |
30/04/2008 |
53,309 |
4.543518 |
01/05/2008 |
01/05/2008 |
6,121 |
4.585394 |
02/05/2008 |
02/05/2008 |
5,350 |
4.534866 |
06/05/2008 |
06/05/2008 |
2,500 |
4.629900 |
07/05/2008 |
07/05/2008 |
13,750 |
4.622579 |
15/05/2008 |
15/05/2008 |
1,000 |
4.579570 |
16/05/2008 |
16/05/2008 |
1,000 |
4.629900 |
19/05/2008 |
19/05/2008 |
1,450 |
4.666166 |
22/05/2008 |
22/05/2008 |
1,000 |
4.629900 |
27/05/2008 |
27/05/2008 |
5,000 |
4.556928 |
28/05/2008 |
28/05/2008 |
1,000 |
4.529250 |
29/05/2008 |
29/05/2008 |
68,000 |
4.456682 |
30/05/2008 |
30/05/2008 |
14,474 |
4.599310 |
02/06/2008 |
02/06/2008 |
3,300 |
4.622236 |
04/06/2008 |
04/06/2008 |
2,500 |
4.585112 |
05/06/2008 |
05/06/2008 |
14,005 |
4.578497 |
09/06/2008 |
09/06/2008 |
1,250 |
4.573536 |
10/06/2008 |
10/06/2008 |
500 |
4.579580 |
13/06/2008 |
13/06/2008 |
5,000 |
4.549380 |
16/06/2008 |
16/06/2008 |
500 |
4.516660 |
19/06/2008 |
19/06/2008 |
6,000 |
4.507438 |
20/06/2008 |
20/06/2008 |
100 |
4.496500 |
23/06/2008 |
23/06/2008 |
15,250 |
4.451436 |
25/06/2008 |
25/06/2008 |
10,748 |
4.375758 |
26/06/2008 |
26/06/2008 |
4,617.50 |
4.361568 |
27/06/2008 |
27/06/2008 |
69,700.50 |
4.224380 |
01/07/2008 |
01/07/2008 |
11,100.00 |
4.441382 |
03/07/2008 |
03/07/2008 |
16,828.00 |
4.186536 |
04/07/2008 |
04/07/2008 |
19,499.00 |
4.161777 |
07/07/2008 |
07/07/2008 |
27,750.00 |
4.113062 |
08/07/2008 |
08/07/2008 |
16,125.00 |
4.139231 |
09/07/2008 |
09/07/2008 |
21,425.00 |
4.105311 |
10/07/2008 |
10/07/2008 |
9,000.00 |
4.075621 |
11/07/2008 |
11/07/2008 |
6,700.00 |
4.119303 |
16/07/2008 |
16/07/2008 |
18,800.00 |
4.066059 |
17/07/2008 |
17/07/2008 |
27,060.00 |
3.942358 |
18/07/2008 |
18/07/2008 |
10,367.00 |
3.905119 |
Total number of shares |
29,049,093 |
Following the transactions set out above, JEC is interested in 28,952,557 ordinary shares in the Company, representing 27.95% of the issued share capital and IBC is interested in 29,049,093 ordinary shares in the Company, representing 28.05% of the issued share capital.
Mr Eyal Fishman, a non-executive director of the Company, holds a 15.8% equity interest in two companies which, through various intermediate companies hold an effective interest of approximately 73% of JEC. JEC also holds an interest of approximately 65% in IBC which holds approximately 28% of MirLand. Mr Eliezer Fishman, a non-executive director of the Company, and his wife Tova Fishman together hold approximately 53% of the intermediate companies referred to above and which hold an effective interest of approximately 73% of JEC.
For further information:
MirLand Development Corporation plc Roman Rozental |
+74 951 303 109 +7 499 130 31 09 |
Financial Dynamics Dido Laurimore / Rachel Drysdale |
+44 20 7831 3113 |
Related Shares:
MLD.L