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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tau Capital Plc | LSE:TAU | London | Ordinary Share | IM00B1VVFG94 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00175 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMTAU
RNS Number : 4091P
Tau Capital PLC
07 February 2019
7 February 2019
Tau Capital plc
("Tau" or the "Company")
Company Update
Further to the announcement made on 1 February 2019, the Company announces that it has reached agreement in principle with Peterhouse Capital Limited to undertake an equity fundraising which will enable the company to meet its ongoing solvency requirements in accordance with the Isle of Man 2006 Company Act.
The Company then intends to undertake a capital distribution, based on the Net Asset Value of the Company, to be made to all shareholders.
A Circular, with details of the proposed transaction, and convening an Extraordinary General Meeting will be issued and a further announcement made as soon as possible.
Further information, please contact:
Hot Features
Premium
FIM Capital Limited
Philip Scales Tel: +44 (0) 1624 681250
Allenby Capital Limited (Nominated Tel: +44 (0) 203 328 5656
Adviser and Joint Broker)
John Depasquale / Alex Brearley
Tel: +44 (0) 207 469 0933
Peterhouse Capital Limited (Joint
Broker)
Lucy Williams / Eran Zucker
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
UPDTRMJTMBIMBFL
(END) Dow Jones Newswires
February 07, 2019 08:48 ET (13:48 GMT)
1 Year Tau Capital Chart |
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