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EIH Eih Plc

0.05
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eih Plc LSE:EIH London Ordinary Share IM00B1HYQW54 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.01 0.09 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

EIH PLC Sale of RSB and Return of Capital (2025V)

04/04/2019 5:00pm

UK Regulatory


Eih (LSE:EIH)
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TIDMEIH

RNS Number : 2025V

EIH PLC

04 April 2019

EIH plc ("EIH" or the "Company")

Sale of RSB and Return of Capital

The Board of Directors of EIH is pleased to announce that following the sale of RSB Group ("RSB") and pending the imminent receipt by the Company of a distribution from EIF-Coinvest VII of US$ 5.24 million, in relation to its shareholding in RSB, the Board has resolved to make a capital distribution of US$0.08 per share, equivalent to approximately US$ 5.16 million, to shareholders (the "Distribution").

It is intended that the Distribution will be paid on 23 April 2019 to shareholders recorded on the register at the close of business on 12 April 2019. The shares will be marked ex on 11 April 2019.

It is anticipated that a further distribution will be announced within a month, following the expected receipt of a distribution from Evolvence India Fund ("EIF"). The further distribution is expected to include the proceeds from the RSB sale in respect of EIF's shareholding in RSB.

For further information, please contact:

EIH plc

Rhys Davies

Tel: +41 (0) 796200215

N+1 Singer (Nominated Adviser)

James Maxwell

+44 (0)20 7496 3000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DISUSOVRKKASRAR

(END) Dow Jones Newswires

April 04, 2019 12:00 ET (16:00 GMT)

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