Ablon Group
FOR IMMEDIATE RELEASE 20 June 2008
Dealings by Director
Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and
developer in Central and Eastern Europe, announces that it was informed on 17
June, 2008, that Mr. Gerald Williams, a Non-Executive Director of the Company,
purchased 13,000 Ordinary shares each at a price of 190 pence per share on April
8th. Mr. Williams did not previously hold any shares in Ablon, so, as a result
of this transaction, he now has a total holding of 13,000 shares.
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For further information, please contact:
Ablon Group Limited Shared Value Limited
Daniel Avidan, CFO Nicolas Duperrier
Tel. +36 1 225 6600 Tel. +44 (0)20 7321 5010
ablon@sharedvalue.net
Credit Suisse Securities (Europe) Limited ING Wholesale Banking
Chris Byrne / Richard Probert Aurélie Barry
Tel. +44 (0)20 7888 8888 Tel. +44 (0)20 7767 6572
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ABOUT ABLON GROUP
Founded in 1993 in Budapest (Hungary), Ablon Group has properties at 27different
locations split into 50 different projects or phases, of which there are 13
completed projects and 22 development projects in Budapest, Prague and
Bucharest. Its portfolio comprises a diversified mix of office, residential,
retail, logistics and hotel developments valued at EUR 540.7 million by King
Sturge, an independent valuation firm, as at 30 June 2007. Ablon has to date
approximately 119,100 square meters of existing and income generating office and
retail assets (at 11 locations) in Budapest and Prague, with a significant
development land bank comprising a further 991,900 square meters in the next
five years (at 22 locations) in Budapest, Prague and Bucharest. Ablon's shares
are traded on the AIM market of the London Stock Exchange under the ticker
'ABL'.
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