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PIV Poole Invest.

5.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Poole Invest. LSE:PIV London Ordinary Share GB0007176901 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Holding in Poole Investments

09/08/2007 5:31pm

UK Regulatory


RNS Number:8515B
Judges Capital PLC
09 August 2007



JUDGES CAPITAL plc


RE: Holding in  Poole Investments plc


The Board of Judges Capital plc ("Judges") is pleased to note that Inland plc
has today announced a recommended cash offer ("Offer") for Poole Investments plc
("Poole").  The Offer of 6p per share values the issued share capital of Poole
at #11.1 million and is conditional, inter alia, on 90% acceptances.

Judges holds 5.7 million shares in Poole (3.08%).  David Cicurel, Judges' Chief
Executive, is a Non-Executive Director of Poole.

The shareholding in Poole, acquired for #200,000 (equivalent to 3.5p per share),
is the last significant investment held by Judges under the Company's previous
investment strategy.  Should the Offer become unconditional, Judges would
realise a gain of #142,000 before taxation.  The cash proceeds of #342,000 would
be added to the cash balances available to develop the Company's scientific
instruments business.

Judges is supportive of the Offer which it has irrevocably undertaken to accept.
 David Cicurel Securities Limited, which holds 2.2% of Poole's issued share
capital, has also irrevocably undertaken to accept the Offer.


For further information

Ralph Cohen - Finance Director      Judges Capital plc                  01342 323 600
Alex Borelli - Nominated Adviser    Shore Capital & Corporate Limited   0207 408 4090



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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