Black Sea Property Fund Limited Regulatory Approval (0643O)
22 May 2015 - 9:24PM
UK Regulatory
TIDMBKSA
RNS Number : 0643O
Black Sea Property Fund Limited
22 May 2015
The Black Sea Property Fund Limited
("Black Sea" or the "Company")
Regulatory Approval
The Company is pleased to announce that it has received the
approval of the Jersey Financial Services Commission for its
proposals to amend its investing policy in order to invest the
Company's resources in the Bulgarian real estate market in
accordance with the new investing policy as set out in the circular
to Shareholders dated 13 March 2015, and intends to raise
investment funds as soon as practicable by means of debt and/or the
issue of equity.
For further information please contact:
The Black Sea Property Fund Limited
Alex Borrelli, Chairman Tel: +44 7747 020600
Cairn Financial Advisers LLP Tel: +44 20 7148 7900
Nominated Adviser
Sandy Jamieson
Peterhouse Corporate Finance Limited Tel: + 44 20 7469 0930
Sole broker
Charles Goodfellow, Heena Karani
This information is provided by RNS
The company news service from the London Stock Exchange
END
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