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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:7078S Emerging UK Investments Plc 14 October 2005 FOR IMMEDIATE RELEASE 14 October 2005 EMERGING UK INVESTMENTS PLC ("EUKI" OR "THE COMPANY") EUKI INVESTS IN SKIN HEALTH SPA PLC ("SHS") The Board of EUKI is pleased to announce the acquisition of 769,585 Ordinary shares of 5p each ("Shares") in Skin Health Spa plc from Catalyst Investment Group Limited ("CIGL"). Skin Health Spa plc is an Ofex listed company and the purchase of the Shares takes the number of 5p Ordinary shares held by EUKI to 1,174,991. The Shares were purchased at 12.9p per share. Under the terms of the share purchase agreement, the purchase price of the Shares is #99,276 which is payable to CIGL immediately upon the sale of the Shares by EUKI to a third party. The Board expects to realise this investment within the next few months which is expected to increase the cash resources of the Company, which should allow the Company to make further investments. 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, the transaction is Related Party under the AIM Rules. Accordingly, Messrs Richard Henstock and Andrew Moore confirm that having consulted EUKI's Nominated Adviser, the transaction is fair and reasonable insofar as the shareholders of the Company are concerned. Enquiries: EMERGING UK INVESTMENTS PLC 07966 130 182 Renwick Haddow BEAUMONT CORNISH LIMITED 0207 628 3396 Noelle Greenaway/Roland Cornish This information is provided by RNS The company news service from the London Stock Exchange END ACQEASELFDESFFE
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