ABL Ablon

 
TIDMABL 
 
 

  DEALINGS BY DIRECTOR 

  Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and developer in Central and Eastern Europe, announces that Daniel Avidan, Chief Financial Officer and Director of the Company today sold 113,256 Ordinary shares each at a price of 69p. per share. As a result of this transaction, Daniel Avidan does not presently hold any shares in Ablon. 

  ____________________________ 

  For further information, please contact: 

 
Ablon Group Limited            KBC Peel Hunt Ltd 
Daniel Avidan, CFO             (Nominated Adviser and Broker) 
Tel. +36 1 225 6600            Capel Irwin / Alex Vaughan / Daniel Harris 
                               Tel. +44 (0)20 7418 8900 
ING Wholesale Banking          Shared Value Limited 
(Joint Corporate Broker)       Nicolas Duperrier / Mark Walter 
Nathalie Bachich de Recina /   Tel. +44 (0)20 7321 5010 
Julie Wakkie                   ablon@sharedvalue.net 
Tel. +44 (0)20 7767 8362 
 
 

  NOTES TO EDITORS 

  About Ablon Group 

  Founded in 1993 in Budapest (Hungary), Ablon Group has properties at 33 locations, of which there are 14 completed projects and 19 development projects in Budapest, Prague, Bucharest, Warsaw and Gdansk. Its portfolio comprises a diversified mix of office, residential, retail, logistics and hotel developments valued at EUR594 million by King Sturge, an independent valuation firm, as at 31 December 2008. Ablon has, to date, approximately 166,290 square metres of existing and income generating office and retail assets (at 13 locations) in Budapest and Prague, with a significant development land bank comprising a further 1,296,450 square metres (at 25 locations) in Budapest, Prague, Bucharest, Warsaw and Gdansk. Ablon's shares are traded on the AIM market of the London Stock Exchange under the ticker 'ABL'. 

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