RNS Number : 6496K
  Bulgarian Land Development PLC
  23 December 2008
   

    23 December 2008

    Bulgarian Land Development plc

    Bulgarian Land Development plc (the "Company"), the AIM listed Bulgarian residential and commercial development company, received
notification on 22 December 2008 that AG Capital Management Limited, a company controlled by Christo Iliev (an executive director of the
Company), bought a total of 797,500 ordinary shares at 25p per share on 22 December 2008.

    The beneficial interest of Christo Iliev (including such interests of persons deemed to be connected to him) following this transaction
is 5,796,498 ordinary shares representing c.14.5% of the total issued share capital of the Company (of which ordinary shares 1,425,000 are
held directly by Christo Iliev and 4,371,498 are held by AG Capital Management Limited).


    - ends -

    For further information, please contact:

    Bulgarian Land Development                                                                                                              
                                020 7067 0700
    Christo Iliev, Chief Executive,
    Dimitar Savov, Executive Director
    Andrew Daw, Finance Director

    Collins Stewart Europe Limited                                                                                                          
                               020 7523 8000
    Andrew Zychowski
    Helen Goldsmith 




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