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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Acmh Ltd | LSE:ACMH | London | Ordinary Share | KYG006011079 | ORD EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2541K Absolute Capital Mgmt Holdings Ltd 19 December 2007 Absolute Capital Management Holdings Limited (the "Company") Funds Update - Withdrawal of Petitions The Company wishes to announce that Mr. John Bruhl, a shareholder of the Absolute European Catalyst Fund Limited and the Absolute Octane Fund Limited, has withdrawn the petitions filed on 3 October 2007 with the Grand Court of the Cayman Islands. Through the petitions, Mr. Bruhl had requested the Court to order that the Absolute European Catalyst Fund Limited and the Absolute Octane Fund Limited be wound up and a provisional liquidator appointed over their assets. The petitions were to be heard at a date after 30 October 2007 convenient to the Court and counsel. Commenting through Mr. Peter A. Broadhurst, his Cayman Islands counsel, Mr. Bruhl said that changes and concessions which the funds and their investment manager introduced after his petitions were filed, have alleviated his concerns about the possible impact of the restructuring and that he therefore no longer considers it necessary to pursue the petitions. Jonathan Treacher, Chief Executive Officer of the Company, said "I am very pleased with this development. With the threat of liquidation of the Octane and Catalyst funds having passed, we can get on with our mandate of managing the funds with a view to realising liquidity. I wish to thank all fund investors, including Mr. Bruhl, who gave us valuable input on the restructuring proposals leading up to the successful shareholder votes in the Cayman Islands on 27th October 2007." Enquiries: Absolute Capital Management +34 (971) 765553 Holdings Limited Jonathan Treacher, CEO Panmure Gordon 020 7459 3600 Dominic Morley Cardew Group 020 7930 0777 Tim Robertson Shan Shan Willenbrock David Roach This information is provided by RNS The company news service from the London Stock Exchange END MSCOKCKDKBDDPBD
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