7 January 2013
Director dealing and change in significant shareholder notification
RGI, the AIM-listed developer of quality residential and commercial properties in Moscow and the surrounding areas, announces that on 4 January 2013 it received notification that D.E.S. Commercial Holdings Limited ("DES") sold 65,063,393 ordinary shares of £0.000000004 ("Ordinary Shares") in RGI at a price of US$2.10 per Ordinary Share to Direct Finance LLC and AMG Group Limited on 4 January
2013. DES is 90% controlled by Mr. Boris Kuzinez (Founder, President and Development Director of RGI) and 10% controlled by Mr. Jacob Kriesler (Chairman of RGI) (the "Transaction"). Following the Transaction:
(a) DES no longer holds any Ordinary Shares;
(b) Mr. Boris Kuzinez no longer has any direct or indirect interest in any Ordinary Shares; and
(c) Mr. Jacob Kriesler owns 9,091 Ordinary Shares representing 0.01% of the issued share capital of the
Company.
Enquiries:
RGI | |
Alan Hibbert, Chief Financial Officer | +7 925 8942622 |
Anna Chin, Head of Marketing and PR | |
Lazard & Co., Limited - Financial Adviser | +44 (0) 20 7187 2000 |
Patrick Long | |
Nick Fowler | |
Citigate Dewe Rogerson - Financial PR Adviser | +44 (0) 20 7638 9571 |
Tom Baldock | |
Jos Bieneman | |
Shore Capital - Nominated Adviser | +44 (0) 207 408 4090 |
Anita Ghanekar | |
Edward Mansfield |
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