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EUI Emerging Uk

2.00
0.00 (0.00%)
01 Jul 2024 - Closed
Delayed by 15 minutes
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

Disposal of investment

20/09/2006 4:38pm

UK Regulatory


RNS Number:2402J
Emerging UK Investments Plc
20 September 2006


For Immediate Release                                          20 September 2006



             Emerging UK Investments plc ("EUKI" or "the Company")

           Part Disposal of an investment in Consolidated Vending plc


The Company is pleased to announce that it has sold 4,687,891 shares at 3p per
share in Consolidated Vending plc. This sale resulted in net proceeds to the
Company of #110,795 after commission and costs. The Company still holds
4,625,410 shares which at 3p are valued at #138,762. The book value of the
remaining shares are #62,080 and the profit on disposal is #75,860. Consolidated
Vending plc was established in June 2006 to acquire the photo booth vending
business Snap Digital Ltd from 3i Group plc and the miniature toiletries vending
business Bfresh Ltd.

The Company are very pleased with the profits generated from this investment and
will look to reinvest some of the proceeds in new investment opportunities and
continue to look to add value to its current investment portfolio through
disposals and strategic acquisitions.


Contacts:

Emerging UK Investments plc- Renwick Haddow 0207 623 3345
Beaumont Cornish- Roland Cornish 0207 628 3396



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
DISUROVRNARKUAR

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