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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Designcapital | LSE:DESC | London | Ordinary Share | GB00B28RCR73 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.875 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDESC
RNS Number : 1726F
Designcapital PLC
12 June 2012
12 June 2012
designcapital plc (AIM: DESC)
("designcapital" or "the Company")
Statement Concerning Rivington Street Holding plc ("RSH plc")
The Board of designcapital notes the announcement published by Rivington Street Holdings Plc, on June 8(th) 2012, concerning a letter of guarantee issued by T1ps Investment Management Limited ("TIMS") for the benefit of the Company on December 23(rd) 2011, and valid until December 31(st) 2012.
designcapital does not accept that this guarantee is not binding on TIMS, and confirms that it has not released TIMS from any of the obligations of the letter of guarantee.
T1ps Small Company Growth Fund, a fund managed by TIMS until end of May 2012, today holds 4.73% of our issued equity.
- ENDS -
Enquiries:
Contact:
designcapital Plc Mike Hosie +44 (0) 20 7554 Frederic Bobo 8555 Libertas Capital Corporate Finance Limited Tim Cofman Sandy Jamieson +44 (0) 2075699650
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSFISUEFESEEM
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