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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Pgi Grp | LSE:PGI | London | Ordinary Share | GB0006911696 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 8.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:3025C
PGI Group PLC
02 May 2006
2 May 2006
PGI Group plc
Jensen Group First Fund Closing
St. Petersburg, Russia, May 1, 2006:
Jensen Group, a Saint Petersburg, Russia based real estate developer announces
the first closing of the Cayman Islands based fund, Jensen Group I Limited
Partnership, on April 28, 2006. With this closing, Jensen has raised USD61
million from a group of international investors which it plans to invest in
discretionary opportunities including the development of its Sestra River
Developments project. A final close will occur on July 31, 2006.
Jensen Group has been successfully developing properties in St. Petersburg since
1994. In 2005, PGI Group PLC (PGI-LON) acquired 80% of Jensen.
Contact Information:
Elizabeth G. Malloy
Director of Capital Partnering
+7 812 325 1306
egm@jensen.ru
www.jensen.ru
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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