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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Argo Real Est. | LSE:AREO | London | Ordinary Share | GB00B17PFQ50 | 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% | 0.02 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAREO
RNS Number : 1413N
Argo Real Estate Opportunities Fd
03 September 2013
Argo Real Estate Opportunities Fund Limited
("AREOF" or "the Company")
Statement Re: Suspension
Further to the suspension of trading in the Company's ordinary shares on AIM on 30 August 2013 pending an announcement, the Company announces that it has received from Proton Bank ("Proton") a termination notice in respect of its financing facility of approximately EUR28.2 million.
The Company has been and continues to be in discussions with Proton, and it is the Company's current belief that Proton does not intend to terminate this financing facility, and that this termination notice will shortly be withdrawn.
The Company expects that trading on AIM of its ordinary shares will remain suspended whilst status of the termination notice is resolved.
Further announcements will be made in due course.
Enquiries:
Argo Real Estate Opportunities Fund Limited David Clark, Chairman +44 (0)1481 231100 finnCap Limited (Nominated Adviser) Matthew Robinson Henrik Persson +44 (0) 207 220 0500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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