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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 |
From May 2019 to May 2024
TIDMAPL
RNS Number : 6270W
ACP Capital Limited
23 November 2010
ACP Capital Limited ("ACP")
Proposed disposal of shareholding in Davenham
23 November 2010
The Board of Directors of ACP (the "Board") has decided to sell ACP's entire shareholding in AIM-quoted Davenham Group plc ("Davenham" AIM:DAV) to the highest bidder as one block in an auction process which will conclude on 5 December 2010. The minimum bid that will be accepted for the block is 1.75 pence per share or GBP132,874 for ACP's entire stake in Davenham. The Board will not accept any conditional or formula-priced bids.
ACP owns 7,592,774 ordinary shares in Davenham or 29.14 per cent. of its issued share capital.
The deadline for receipt of bids is 5 p.m. on 5 December 2010, with completion of any sale occurring on 9 December 2010.
Interested bidders should have their broker or market counterparty contact Collins Stewart's Sales Trading Desk (+44 (0)20 7523 8466).
Enquiries
Jean-Christophe Gas, ACP Capital UK LLP, (JC@acpcapital.com)
Bruce Garrow, Collins Stewart Europe Limited, +44 (0) 207 523 8350 (Nominated Adviser)
Notes to editors
Davenham is an AIM-quoted financing company that has ceased to write new business and is focused on collecting in its loan books in a prudent and orderly manner.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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