Share Name Share Symbol Market Type Share ISIN Share Description
Kubera Cross-border Fund Limited LSE:KUBC London Ordinary Share KYG522771032 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +$0.00 +0.00% $0.0575 $0.05 $0.065 $0.0575 $0.0575 $0.0575 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.6 0.0 - 6

Kubera Cross-Border Fund Limited Update on Disposal of Investment

04/03/2019 7:00am

UK Regulatory (RNS & others)

Kubera Cross-border (LSE:KUBC)
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1 Year : From Oct 2018 to Oct 2019

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RNS Number : 6724R

Kubera Cross-Border Fund Limited

04 March 2019

This announcement contains inside information

4 March 2019

Kubera Cross-Border Fund Limited

Update on Disposal of Investment

Kubera Cross-Border Fund Limited (the "Company") announces that further to the terms of a Share Purchase Agreement dated 17 March 2017 as announced on 20 March 2017 in respect of the disposal of the Company's entire stake in Planetcast Media Services Limited (the "Disposal"), and the most recent announcement made in respect of the Disposal on 31 December 2018, the Long Stop Date for the disposal of the entire equity stake held in Planetcast Media Services Limited that was extended to 28 February 2019, has now expired.

All parties involved remain closely engaged. At this time the Company is entirely focused on closing the transaction as soon as practicable.

A further update will be made in due course.

For more information contact:

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett/ Jamie Barklem/ Niall McDonald

Tel.: +44 (0) 20 7383 5100


Numis Securities Limited (Broker)

David Benda, Managing Director

Tel.: +44 (0) 20 7260 1275


FIM Capital Limited (Administrator, Registrar & Secretary)

Philip Scales, Director

Tel.: +44 (0) 1624 681250


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit



(END) Dow Jones Newswires

March 04, 2019 02:00 ET (07:00 GMT)

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