Disposal of shareholding in Davenham Group Plc
07 December 2010 - 2:15AM
UK Regulatory
TIDMAPL TIDMDAV
RNS Number : 4495X
ACP Capital Limited
06 December 2010
Disposal of shareholding in Davenham Group Plc
6 December 2010
ACP Capital Limited ("ACP" or the "Company") is pleased to announce that it has
completed the auction process announced on 23 November 2010 and has sold today
its 7,592,774 ordinary shares in Davenham Group plc to the highest bidder for
1.75 pence per share or total proceeds of GBP132,874.
ACP expects to announce a final distribution that includes these proceeds once
the Company's liquidation process has been determined.
Proposals will also be put to shareholders recommending that the Company delists
from AIM and is placed into liquidation.
Enquiries
Bruce Garrow, Collins Stewart Europe, +44 (0) 207 523 8350 (Nominated Adviser)
This information is provided by RNS
The company news service from the London Stock Exchange
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