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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Greenhouse | LSE:GHF | London | Ordinary Share | GB00B0T2CP59 | PARTCIPATING SHS NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3170S Greenhouse Fund Limited (The) 15 April 2008 The Greenhouse Fund Ltd ("Greenhouse" or "the Company") Increase in Molectra shareholding The Directors of Greenhouse (AIM:GHF) are pleased to announce that as a result of the conversion into ordinary shares of all outstanding loans from the Company to its subsidiary Molectra Australia Pty Ltd ("Molectra"), Greenhouse now owns 64.3% of Molectra. The increase has resulted from the conversion of AUD$ 1.7m, loaned to Molectra in a number of tranches since August 2007. All previous loan arrangements have now ceased. Roger Maddock, Non-executive Director commented, "We are pleased to have consolidated the Company's position in Molectra. As a result of recent contract wins and the ongoing development of the business, additional funding will be required for Molectra. Several different funding options are actively being considered and further announcements will be made in due course." For further information please contact: Paul Gazzard, Greenhouse Advisor Ltd. Tel: 0207 355 7660 Email: pg@greenhousefund.co.uk Stephen Mischler / Tim Graham Matrix Corporate Capital LLP 0207 925 3300 Graham Herring Threadneedle Communications Tel: 0207 936 9605 Email: graham.herring@threadneedlepr.co.uk NOTES TO EDITORS About Molectra Molectra was established in 2000 and has developed a sustainable process that re-cycles and recovers materials including crumb rubber, oil and carbon from used vehicle tyres. The technology has been developed over the last 10 years and has won many international awards and prizes during this time, including the 2007 DaimlerChrysler Australian Environmental Research Award. About Greenhouse Greenhouse is an AIM quoted Jersey domiciled closed-ended investment company established to invest principally in sustainable environmental technologies to create a portfolio of investment holdings in the environmental sector. This information is provided by RNS The company news service from the London Stock Exchange END MSCIIMRTMMIBBJP
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