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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Low Carbon Acc. | LSE:LCA | London | Ordinary Share | GB00B1D09958 | 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% | 3.825 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLCA
RNS Number : 4837L
Low Carbon Accelerator Limited
04 September 2012
Low Carbon Accelerator: 04 September 2012
Investment Update
The Board is pleased to announce that LCA has received a cash payment of GBP230,000 as deferred consideration from the sale of the core assets of Quantasol Limited to JDS Uniphase (JDSU), which was announced on 7 July 2011. LCA had taken a full provision against this deferred consideration and carries Quantasol at nil value in its most recent NAV announcement.
The process to sell the assets of LCA is on-going. LCA received several indicative offers in July and, having short-listed a number of parties, is currently engaged in the final phase of due diligence with potential buyers with support from LCA's advisors, Cogent Partners.
Enquiries:
Low Carbon Investors Limited Steve Mahon Tel: +44 (0)20 7631 2630 Grant Thornton Corporate Finance Philip Secrett Tel: +44 (0) 20 7383 Colin Aaronson 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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