Castle Street Investments PLC Proposed Change of Name & Notice of GM (2604T)

TIDMCSI

RNS Number : 2604T

Castle Street Investments PLC

24 March 2016

Castle Street Investments plc

("Castle Street", "the Company" or "the Group")

Proposed Change of Name &

Notice of General Meeting

Castle Street today announces the Company's intention to change its name to CORETX Holdings plc. The proposed name change is subject to shareholder approval at a General Meeting which will take place at 11.00 a.m. on 11 April 2016 at the offices of DAC Beachcroft LLP, 100 Fetter Lane, London EC4A 1BN.

A copy of the Circular and Notice of the General Meeting has been posted to shareholders and will be made available on the Company's website at www.castlestreetinvestments.com.

Presently there are three different company names in use being Castle Street Investments, Selection Services and C4L. This can be confusing for both customers and prospects, and does not support the strategy of presenting a unified portfolio of products and services from Selection Services and C4L to the market. Accordingly the Board believes it would be more effective to go to market under one brand.

In addition to this, Castle Street Investments has no connection with Castle Street and having invested in two ICT companies in January and February 2016 its principle activities are the provision of Managed IT, Network and Hosting Services to Public and Private Companies.

At the core of the Company's activities is the network built by C4L limited, CORETX, which offers clients fast access to their data across networks managed by the Group. The Directors therefore feel it would be appropriate to change the name of the ultimate parent company to CORETX Holdings plc and go to market under the single brand name CORETX.

Subject to shareholder approval, Selection Services Limited will be renamed CORETX Manage Limited and C4L Limited will be renamed CORETX Connect Limited and all other Group entities will adopt the CORETX name.

For more information please contact:

 
 
 Castle Street Investments 
  plc 
 Andy Ross, Chief Executive   Tel: +44 (0) 
  Officer                      7899 664 193 
 Julian Phipps, Chief         Tel: +44 (0) 
  Financial Officer            7852 714 674 
 
 N+1 Singer (Nominated        Tel: +44 (0)20 
  Adviser and Broker)          7496 3000 
 James Maxwell 
 Jen Boorer 
 MXC Capital Markets          Tel: +44 (0)20 
  LLP (Financial Adviser)      7965 8149 
 Marc Young 
 Charlotte Stranner 
 
 
 Alma PR        Tel: [phone] 
                 901979 
 Josh Royston 
 John Coles 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 24, 2016 11:35 ET (15:35 GMT)