Source - SMW
AFI Development chairman Lev Leviev has completed the purchase of controlling shareholder  Africa Israel Investments' stake.

 Leviev holds (through Flotonic, a fully owned private company) 336,948,796 global depository receipts (issued over A ordinary shares) and 342,799,658 depository interests (issued over B ordinary shares), representing in aggregate 64.88% of the company's issued share capital.

At 3:38pm:

(LON:AFRB) AFI Development Plc share price was +0.03p at 0.18p