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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Spazio | LSE:SPNV | London | Ordinary Share | NL0000686319 | ORD EUR0.20 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.90 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 7865W
Terra Catalyst Fund
03 August 2009
3 August 2009
TERRA CATALYST FUND
Investment Update
Terra Catalyst Fund (the "Company") (AIM:TCF) today announces that as a result
of the cash offer for the share capital of Spazio Investments N.V. ("Spazio")
made by Terra European Investments B.V. ("TEI"), the Company has invested
GBP32.5 million in TEI representing 45.8 per cent. of TEI's issued share
capital.
Laxey Partners Limited, the Company's investment manager, now controls 71.4 per
cent. of the Spazio Ordinary Shares in issue on behalf of funds managed by it.
-ends-
ENQUIRIES TO:
Terra Catalyst Fund
Mike Haxby, Director
www.terracatalystfund.com
Tel: +44 (0)1624 690 900
Fairfax I.S. PLC
James King/ Gillian McCarthy
Tel: +44 (0)207 598 5368
NOTE TO EDITORS
Terra Catalyst Fund
Terra Catalyst Fund is a closed-ended Cayman Islands registered, exempted
company established to invest in listed property companies and funds in Europe,
with the objective of seeking to identify undervalued securities and actively
seeking to close the valuation gap between the value at which the security is
trading and its intrinsic value.
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBSGDIIDGGGCX
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