Possible Share Exchange
02 December 2009 - 11:39PM
UK Regulatory
TIDMIFR
RNS Number : 4655D
IFR Capital PLC
02 December 2009
IFR Capital PLC
(the "Company")
Possible Share Exchange
Further to the announcement on 18 March 2009, detailing that Theobald Muller had
agreed to exchange 1,291,963,940 Class B Preference Shares, the Company now
confirms that it is in discussions with him regarding the possible exchange of
further Class B Preference Shares into ordinary shares.
Further to the announcement on 25 November 2009, detailing that the Company had
been informed that Textil Romania S.a.r.l. ("Textil"), had acquired all of the
4,820,000,000 Class A Preference Shares in IFR Jersey Limited of EUR 0.01 each
from ACP Capital Limited and ACP Mezzanine Limited, the Company confirms that it
is discussions with Textil regarding a possible exchange of Class A Preference
Shares for ordinary shares.
Further announcements will be made in due course, as appropriate.
For further information please contact:
+-----------------------------------------------+----------------------+
| IFR Capital PLC | |
+-----------------------------------------------+----------------------+
| Michael Ioannou | +357 (0) 22 318734 |
+-----------------------------------------------+----------------------+
| | |
+-----------------------------------------------+----------------------+
| Charles Stanley Securities - NOMAD and broker | +44 (0) 20 7149 6000 |
+-----------------------------------------------+----------------------+
| Rick Thompson / Philip Davies / Ben Johnston | |
+-----------------------------------------------+----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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