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RC2 Reconstruction Capital Ii Limited

0.035
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Reconstruction Capital Ii Limited LSE:RC2 London Ordinary Share KYG741521028 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.035 0.025 0.045 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trusts -2.1M -2.94M -0.0217 -1.38 4.75M

Placing

17/05/2006 5:54pm

UK Regulatory


RNS Number:1588D
Reconstruction Capital II Ltd
17 May 2006

17 May 2006

Reconstruction Capital II Limited (the "Company")

Placing

Reconstruction Capital II Limited announces that, following the announcement of
9 May 2006 it has raised approximately EUR 40.2m net of expenses by way of a
placing of 40,617,869 new Ordinary Shares of Euro0.01 each ("Placing") which have
been placed with a number of institutional investors. The shares are due to be
admitted to trading on AIM on or around 23 May 2006.

Use of Proceeds

The proceeds of the Placing will be used to continue to invest in South East
Europe, mainly Romania and Bulgaria. Priority sectors include, amongst others,
branded food products, infrastructure, specialized retail and distribution,
financial services, medical services and real estate development.

Significant Shareholder

Following the Placing, Reichmuth & Co will have a notifiable interest of
9,803,922 ordinary shares (15.1%) in the issued share capital of the Company,
and Alfa Trust Andromeda will have a notifiable interest of 2,020,202 shares
(3.1%) in the share capital of the Company.

For further information:
Ion Florescu
Reconstruction Capital II Limited
Tel: +44 (0) 7767 477192



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

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