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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 : 4838Z
Low Carbon Accelerator Limited
07 March 2013
7 March 2013
LOW CARBON ACCELERATOR LIMITED ("LCA" or "the Company")
Update on Sale and Purchase Agreement
Further to the Company's announcement of 8 February 2013, LCA announces that the first payment from Sterling Planet of US$1m, which had been delayed from its revised contracted date of 1 February 2013, has now been received.
The remaining payments are now set to be made at 16 April 2013 (US$1m), 17 May 2013 (US$1.2m) and 17 July 2013 (US$1.2m).
As previously stated, since May 2012 the objective of the Company has been to arrange for the sale of the assets and the distribution of capital and the Company. In accordance with this objective, as soon as practicable the Company will be issuing a Circular to shareholders to outline its plans for the distribution of capital, the liquidation of the Company and the cancellation of LCA's admission to trading on AIM.
Enquiries:
Low Carbon Investors Limited Steve Mahon, CIO
Tel: +44 (0)20 7631 2630
Grant Thornton UK LLP Philip Secrett, or Colin Aaronson
Tel: +44 (0) 20 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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