logo-loader
RNS
viewMirLand Development Corporation Plc

Mirland Dev Corp PLC - ISA Approval

RNS Number : 1559Q
Mirland Development Corporation PLC
25 November 2016
 

MirLand Development Corporation PLC

(the "Company")

 

ISA Approval

 

Further to the announcements made by the Company on 17 November 2016 (the "Previous Announcement") and 18 November 2016, the Company announces that it has satisfied a further procedural condition precedent to the settlement plan between the Company and the holders of its Series A-F bonds (the "Settlement Plan").

The Company has received approval from the Israeli Securities Authority (the "ISA") for its entire issued and to be issued share capital to be admitted to trading on TASE.

Completion of the Settlement Plan remains subject to the fulfilment of certain actions including completion of the Capital Raising, AIM Admission and TASE Admission as set out in the Previous Announcement.

There is no guarantee that TASE Admission will occur and the Settlement Plan completes in accordance with its terms.

All capitalised terms in this announcement have the meaning given to them in the Previous Announcement unless otherwise defined herein.

 

MirLand Development Corporation plc

 

Roman Rozental

[email protected]

+7 495 787 49 62

+7 499 130 31 09

 

 

FTI Consulting

 

Dido Laurimore / Tom Gough / Ellie Sweeney

+44 20 7327 1000

 

 

Investec Bank plc

 

Jeremy Ellis / David Anderson

+44 20 7597 4000

 


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

Quick facts: MirLand Development Corporation Plc

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE