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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Loudwater | LSE:LWT | London | Ordinary Share | GG00B1LT5C96 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.55 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLWT
RNS Number : 5755W
Loudwater Trust Limited
29 January 2013
29 January 2013
LOUDWATER TRUST LIMITED
("LOUDWATER" OR "THE COMPANY")
DISPOSAL BY INVESTEE COMPANY
Loudwater Trust Limited, the closed-ended investment company, today announces that one of its investee companies has sold part of its business, which will result in an initial distribution to Loudwater of in the region of GBP1m, pending customary closing conditions. Approximately GBP0.23 million is currently held in escrow against any warranty claims for up to 12 months. The carrying value of the investment in this investee company at 30 September 2012 was GBP340,000.
A further announcement will be made in due course following completion, covering the amount of the distribution to be returned to shareholders and its timing.
-ends
For further information
Loudwater Investment Partners Limited
Edward Forwood +44 (0)20 3372 6400
Panmure Gordon (UK) Limited
Andrew Potts +44 (0)20 7886 2500
Note
http://www.loudwatertrust.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISGMGZMLLVGFZG
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