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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Emerging Uk | LSE:EUI | London | Ordinary Share | GB00B03KMJ93 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4213T Emerging UK Investments Plc 31 October 2005 FOR IMMEDIATE RELEASE 31 October 2005 EMERGING UK INVESTMENTS PLC ("the Company" or "EUKI") Disposal of Investment in Skin Health Spa plc (SHS) Correction to RNS number 4168T, released today at 17:33, due to technical difficulty. The Board of EUKI are pleased to announce the disposal of 1,061,500 ordinary shares in SHS for a gross consideration of #265,375 or #226,038 net of commission. Included in the total figure of 1,061,500 ordinary shares are 656,094 shares bought from Catalyst Investment Group Limited (CIGL) at 12.9p per share as announced on 14 October 2005, and 405,406 shares already held, with a combined book cost of #142,473. The gross profit on the sale is #122,902 before costs. EUKI now hold 113,491 ordinary shares in SHS. As Mr Renwick Haddow is a director of both EUKI and a director of CIGL, and a shareholder with 29.00% shares in CIGL, and CIGL has a shareholding of 47.50% in EUKI, CIGL has received total commission of #64,409 on this transaction and a previous one announced on 8th July 2005 which in aggregate is treated as Related Party under the AIM Rules. Accordingly, Messrs Richard Henstock and Andrew Moore confirm that having consulted EUKI's Nominated Adviser, the payment of this commission is fair and reasonable insofar as the shareholders of the Company are concerned. Mr Andy Moore has been appointed as Director to the board of an investee company, Forknall Limited for which Central Group Limited, of which Mr Andy Moore is the only shareholder and Director, will receive fees. Enquiries: Renwick Haddow Tel: 07966 130 182 Roland Cornish/Noelle Greenaway Tel: 0207 628 3396 Beaumont Cornish Limited This information is provided by RNS The company news service from the London Stock Exchange END DISWUGPPUUPAGRG
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