REG-Etalon Group Limited Etalon Group Landbank Valuation Announcement Date <Origin Href="QuoteRef">ETLNGq.L</Origin>

EtalonAnnouncement

10/03/2017 07:30

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   Etalon Group Limited / Miscellaneous - Medium Priority
   Etalon Group Landbank Valuation Announcement Date

   10-March-2017 / 08:30 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS,
   LLC - a company of EQS Group AG.
   The issuer is solely responsible for the content of this announcement.

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   10 March 2017

   Etalon Group Landbank Valuation Announcement Date

   On Monday, 13 March 2017, Etalon Group Limited (LSE: ETLN) will announce
   the updated valuation of its landbank as of 31 December 2016, conducted by
   JLL. Details of the updated valuation will be made available on the
   Company's website:  1 www.etalongroup.com.

   This and other recent announcements are available on the Etalon Group
   website:  2 http://www.etalongroup.com/investors/news/

   Etalon Group IR Team
   T: +44 20 8123 1328
   E:  3 info@etalongroup.com

   EM
   Sam VanDerlip
   T: +44 7554 993 032
   T: +7 499 918 3134
   E:  4 vanderlip@em-comms.com

   About Etalon Group

   Founded in 1987 by Viacheslav Zarenkov, Etalon Group has become one of
   Russia's largest development and construction corporations. The Company
   focuses on middle class residential real estate in the Moscow and St.
   Petersburg metropolitan areas, where it operates through Etalon Invest and
   LenSpetsSMU subsidiaries. With a 29-year history, Etalon Group has one of
   the longest and most successful track records in the Russian real estate
   industry - since its inception, Etalon Group has commissioned 5.4 million
   sqm.

   Etalon Group's strong reputation among consumers supports its pre-sales
   business model, which helps the Company to minimise external financing
   needs for on-going projects while maintaining a secure liquidity position:
   net debt as of 31 December 2016 was RUB 7.8 billion.

   The Company is vertically integrated, which helps it to control costs,
   quality and timing, as well as to demonstrate best-in-class profitability.
   Etalon Group employs 5,000 people, and its nationwide sales and marketing
   network covers 49 Russian cities.

   As of 31 December 2015, Etalon Group's portfolio comprised 28 projects,
   with a total of 2.72 million sqm of unsold net sellable area. JLL valued
   this portfolio at RUB 104,384 million.

   For the year ended 31 December 2016, Etalon Group's new contract sales
   totalled 496 ths sqm, or RUB 47,443 million. Deliveries in 2016 amounted
   to 420 ths sqm.

   Etalon Group Limited's GDRs have been traded on the Main Market of the
   London Stock Exchange since 20 April 2011.

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   The EquityStory.RS, LLC Distribution Services include Regulatory
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   Archive at www.dgap.de/ukreg

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   Language:      English
   Company:       Etalon Group Limited
                  Redwood House, St Julians Avenue
                  GY1 1WA St Peter Port
                  Guernsey
   Phone:         +44 (0)20 8123 1328
   Fax:           +44 (0)20 8123 1328
   E-mail:        info@etalongroup.com
   Internet:      http://www.etalongroup.com
   ISIN:          US29760G1031
   Listed:        Foreign Exchange(s) London
   Category Code: MSCM
   TIDM:          ETLN
   Sequence No.:  3931


    
   End of Announcement EquityStory.RS, LLC News Service


   552727  10-March-2017 

    5 fncls.ssp?fn=show_t_gif&application_id=552727&application_name=news&site_id=reuters6

References

   Visible links
   1. http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=a8d4904f8e0a2bc61971719f5f92fbb2&application_id=552727&site_id=reuters6&application_name=news
   2. http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=7aeecb0676a1c4da84a8301453dd24e8&application_id=552727&site_id=reuters6&application_name=news
   3. mailto:info@etalongroup.com
   4. mailto:vanderlip@em-comms.com


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