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Thursday 23 December, 2010

KDD Group NV

Directorate Change

RNS Number : 5641Y
KDD Group NV
23 December 2010

23 December 2010


KDD Group N.V.

("KDD Group" or the "Group")


Directorate Change


KDD Group announces that Mr. Sergiy Sukalo will not seek reappointment as a director of the Group at its next annual general meeting. Accordingly, Mr. Sukalo has stepped down as a director of the Group with immediate effect.


Petro Slipets, CEO of KDD Group said, "I would like, on behalf of the Group, to thank Mr Sukalo for his contribution to the Group and wish him every success in the future."



For further information, please visit: or contact:


KDD Group

Petro Radchuk


Tel: +38 050 516 6091

Strand Hanson Limited

Stuart Faulkner / James Spinney/ Liam Buswell


                    Tel: +44 207409 3494


Notes to editors:


KDD Group is the holding company of one of Ukraine's leading real estate investment and development groups.  The Company holds a diversified portfolio of real estate projects comprising offices, residential complexes, retail centres and mixed-use projects.  The Company currently has nine projects, of which three are in the construction phase and six are at various stages of design and development.  These projects, which have a total planned gross area of approximately 2.7 million square metres, are located in the capital region of Kyiv with the exception of one residential project in L'viv.

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