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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 |
TIDMRC2
RNS Number : 4309Q
Reconstruction Capital II Ltd
29 August 2014
29 August 2014
Reconstruction Capital II Limited (the "Company")
Directorate Change
Mr Ion Florescu is a beneficial owner either directly or indirectly in approximately 18.1% of the issued share capital of RC2, the provider to the Company of the EUR6.75 million bridge loan which matures on 31 October 2014 and has made the commitment to convert the bridge loan into the proposed convertible bond as further detailed in announcements dated 1 April 2014 and 7 July 2014. Due to his now significant financial interests in RC2, Mr Florescu and the independent directors of RC2 have concluded that the interests of all shareholders would be better served with a wholly independent board. Mr Florescu has therefore resigned as a director of the Company. Mr Florescu continues to provide investment advice to the Company through New Europe Capital Srl and New Europe Capital Ltd.
For further information, please contact:
Reconstruction Capital II Limited
Ion Florescu / Anca Moraru
Tel: +44 (0) 207 244 0088/ +40 21 3167680
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett / David Hignell
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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