Receipt of Placing Proceeds
21/08/2007 8:01am
UK Regulatory
RNS Number:5316C
Equable Properties PLC
21 August 2007
For Immediate Release
21 August 2007
Equable Properties plc ('the Company')
Receipt of Placing Proceeds
Further to the announcement released on 20 April 2007 relating to delay in
payment for part of the proceeds of the Company's recent placing of ordinary
shares ("Placing"), the Company today announces that the necessary permissions
to the transfer of funds have now been obtained in respect of funds totaling
#250,000, which has now been received by the Company. The further #350,000 is
expected shortly and notification will be given as soon as the funds have been
received.
For further information:
Desmond Bloom
Equable Properties plc 07793 125 625
Nominated Adviser
Marc Cramsie
Nabarro Wells & Co. Limited 020 7710 7400
This information is provided by RNS
The company news service from the London Stock Exchange
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