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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Acp Capital | LSE:APL | London | Ordinary Share | GB00B0T9K295 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.375 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 8082X
ACP Capital Limited
13 December 2010
Completion accounts of Leasecom
13 December 2010
ACP Capital Limited ("ACP") is pleased to announce that it has finalised
the calculation of the post closing adjustments relating to the sale of its
interests in Leasecom Group SAS ("Leasecom") and has received a further EUR5.4
million in cash, taking the total cash consideration received to EUR22.4 million.
The book value of Leasecom as at 30 September 2010 was EUR17.2 million.
ACP expects to make final cash distributions to ACP shareholders from the
proceeds of these completion adjustments and the disposal of its shareholding in
Davenham Group plc. The precise amount of the final cash distributions will
depend on the directors' assessment of liquidation costs.
In accordance
with ACP's policy of promptly returning excess cash to shareholders, ACP will
make a further announcement shortly regarding final cash distributions, the
liquidation process and the de-listing from AIM.
Enquiries:
Bruce Garrow, Collins Stewart Europe, +44 (0) 207 523 8350 (Nominated Adviser)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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