ROSE GROUP LTD
Thursday 29 May 2014
R.G.I. International Limited
(AIM: RGI)
Change of Name
R.G.I. International Limited ("RGI" or the "Company"), the AIM-listed developer of high quality residential properties in Moscow and the surrounding areas, announces that at its Annual General Meeting held today, the resolution to change the Company's name from RGI International Limited' to 'Rose Group Limited' was duly passed.
The Company's TIDM (ticker symbol) "RGI" will remain unchanged, as do its ISIN number and SEDOL code. Dealings under the name "Rose Group Limited" are expected to commence at 08:00am on Monday 2 June.
Shareholdings are unaffected by the change of name and share certificates in the name of RGI International Limited should be retained, as they will remain valid for all purposes. New share certificates issued hereafter will bear the name Rose Group Limited.
The Board believes Rose Group has a better connection with consumers as a brand standing for the principles of innovation, design and product quality that have made Microgorod V Lesu a success. Adopting Rose Group as part of the Company's corporate identity ensures alignment of marketing and corporate messages across the full spectrum of its stakeholder universe.
Full details of the voting results will be available on the Company's website http://www.rgi-international.com/.
-Ends-
Enquiries:
RGI David Wood, Chief Financial Officer Anna Orlova, Head of Marketing and PR | +7 495 933 6180 |
Citigate Dewe Rogerson - Financial PR Adviser Tom Baldock Jos Bieneman | +44 (0) 20 72822889 |
Shore Capital - Nominated Adviser Stephane Auton Edward Mansfield | +44 (0) 207 408 4090 |
About Rose Group
Rose Group has been successfully creating new markets in Moscow real estate since 1993. The Company's innovative drive played a key role in the transformation of Moscow's Golden Mile in the 1990s, when new landmark buildings were constructed that set the benchmark for modern living and working spaces in the rapidly changing Russian capital. Today the Company is focused on serving Moscow's growing middle class professionals by building aspirational, design led, residential communities. Its pioneering Microgorod V Lesu project has set new standards for the Moscow residential sector by offering homebuyers a well configured development, with good facilities and apartments finished to a high quality. In addition to its distinctive residential properties, RGI developed, owns and operates Tsvetnoy Central Market, Moscow's first iconic department store on Tsvetnoy Boulevard. The Company is listed on the LSE's AIM market and has significant land holdings in central Moscow.
This information is provided by RNS
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