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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Itacare Capital | LSE:ITA | London | Ordinary Share | VGG497051091 | COM SHS USD0.01 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.27 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
TIDMITA
RNS Number : 2443J
Itacare Capital Investments Ltd
12 July 2013
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Date: 12 July 2013
On behalf of: Itacaré Capital Investments Ltd ("Itacaré"
or "the Company")
For immediate release
Itacaré Capital Investments Ltd
Statement Regarding Share Price Movement
Itacaré notes the recent movement in the Company's share price and confirms that it knows of no reason for the movement.
For further information:
Itacaré Capital Investments Tel: +44 (0)20 3640 Chairman, Michael St. Aldwyn 5976 Itacaré Capital Partners Tel: +55 11 2678 0800 Investment Manager, Pedro de Miranda Cenkos Securities Tel: +44 (0)20 7397 Stephen Keys, Adrian Hargrave (Nominated 8962 adviser) Russell Kerr, Alex Aylen (Sales) Redleaf Polhill Tel: +44 (0)20 7382 Emma Kane, Henry Columbine, Hannah 4720 Fensome E: itacare@redleafpr.com
Notes to Editors:
-- Itacaré Capital Investments Limited is a real estate investment company focused on tourism-real estate developments in Brazil. The Company acquires large parcels of land at strategic locations that can be developed and sold to end users with the intention of achieving a minimum IRR of 25 per cent.
-- The Company invests in projects at an early development stage or in strategic land sites that can be acquired at a discount to open market value at current usage.
-- Itacaré Capital focuses on beachfront parcels with particular geographic characteristics that maximise sea views and reduce the need for expensive landscaping thus translating into higher margin.
-- Itacaré Capital either recruits or looks to partner with local developers to maximise the value of its land investments.
-- Itacaré Capital aims to create a development that is better than the best quality development in the local area in order to achieve maximum pricing power.
-- Itacaré Capital focuses on high quality residential developments that typically include a number of holiday or second home units, luxury hotels and leisure components. Approximately 70% of our portfolio is targeted to domestic buyers.
-- Further information is available at www.itacarecapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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