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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Williams Grand Prix Holdings Plc | LSE:0W4R | London | Ordinary Share | DE000A1H6VM4 | WILLIAMS GRAND PRIX HOLDINGS WANTAGE ORD |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 17.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Williams Grand Prix Holdings PLC (0W4R) Williams Grand Prix Holdings PLC : Initial Liquidation Distribution 27-Nov-2020 / 18:48 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. 27 November 2020 *Williams Grand Prix Holdings PLC (in members' voluntary liquidation) (the 'Company')* *Initial Liquidation Distribution* Further to the appointment of Sean Croston and Richard White of Grant Thornton UK LLP as Joint Liquidators (the '*Joint Liquidators*') of Williams Grand Prix Holdings PLC (in members' voluntary liquidation ) (the '*Company*') on 27 October 2020, the Joint Liquidators announce their intention to make an initial liquidation distribution to shareholders. The initial liquidation distribution to shareholders will be made at the rate of &euro11.05 per ordinary share of GBP0.05 each on the capital of the Company held. All distributions will be paid on 2 December 2020 (or as soon as practicable thereafter) to shareholders on the register of members as at the record date of 6.00 p.m. on 26 November 2020. The initial distribution accounts for approximately 99 per cent. of the net proceeds received by the Company, after costs, following the sale in August 2020 of Williams Grand Prix Engineering Limited, the Company's operating subsidiary, to BCE Limited, a fund managed by Dorilton Capital Management LLC. The Joint Liquidators do not anticipate being in a position to make any further distributions to shareholders until shortly before the liquidation of the Company is completed, prior to the Company being subsequently dissolved. The value of any subsequent distribution per share cannot be estimated at this time. For further information please contact the following: *Sean Croston and Richard White *Contact : Lucy Denne Joint Liquidators Tel : *+44 (0)118 955 9121 Williams Grand Prix Holdings PLC *E-mail : (in members' voluntary *Lucy.E.Denne@uk.gt.com liquidation)* 1020 Eskdale Road Winnersh Wokingham Berkshire RG41 5TS *END* Contact: Mark Biddle General Counsel Mark.Biddle@WilliamsF1.com ISIN: DE000A1H6VM4 Category Code: MSCM TIDM: 0W4R LEI Code: 213800AFJXFAVYBTE915 OAM Categories: 2.1. Home Member State Sequence No.: 88696 EQS News ID: 1151306 End of Announcement EQS News Service
(END) Dow Jones Newswires
November 27, 2020 12:48 ET (17:48 GMT)
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