First Day of Dealings

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[{"type":"text","content":"\n Aisi Realty Public Limited\n01 August 2007\n\n\nFOR RELEASE 8.00AM\n1 August 2007\n\n Aisi Realty Public Limited\n\n First Day of Dealings\n\nAisi Realty Public Limited ('Aisi' or 'the Company'), a closed-ended investment\ncompany focusing on investments in the real estate market in Ukraine, announces\nthat the Company's shares have been admitted today to trading on the AIM market\nof the London Stock Exchange.\n\nTrading in the Company's shares is expected to commence from 8.00am today under\nthe ticker 'AISI'.\n\nThe Company raised approximately US$33.1m through a placing of 50,210,601 new\nordinary shares at a price of 66 cents per share (the 'Placing Price'). On\nadmission the Company will have a total of 166,191,828 ordinary shares in issue\ncapitalising the Company at approximately US$109.7 million at the Placing Price.\nThe funds raised will enable the Company to invest in a number of additional\ninvestment projects currently under investigation which will be in addition to\nthose that the Company has already invested in.\n\nOn admission, the Company's major shareholders include Landsdowne; MacArthur\nFoundation; Trafelet; Hansa Investeerimisfondid; Tudor; Fidelity and Woodbourne.\n\nThe Company's nominated adviser and broker is Libertas Capital.\n\nFurther information, including an electronic version of the Company's Admission\nDocument, is available from the Company's website: www.aisicapital.com\n\nEnquiries:\n\nAisi\nBeso Sikharulidze +38 044 459 3000\n\nLibertas Capital\nAndrew Hardy, Aamir Quraishi +44 20 7569 9650\n\nCorfin Communications\nNeil Thapar, William Cullum + 44 207 929 8989\n\nInformation on Aisi Realty Public Limited\n\nThe Company was established in 2005 with the intention of providing shareholders\nwith attractive returns, principally from capital appreciation, through\ninvesting in real estate development projects in and around the major population\ncentres of Ukraine, with a particular focus on Kiev.\n\nAisi will concentrate on office, residential and warehouse developments where\nthe market in Ukraine is characterised by significant undersupply and rising\nprices.\n\nInvestments\nSince it began operations, Aisi has committed over US$30m to the acquisition and\nadvancement of six real estate projects - with one project now sold. The current\nportfolio consists of three residential and office deve...

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