Rapid Realisations Fund Limited Portfolio Update (2531I)
01 July 2013 - 6:35PM
UK Regulatory
TIDMRRF
RNS Number : 2531I
Rapid Realisations Fund Limited
01 July 2013
1 July 2013
Rapid Realisations Fund Limited ("RRF")
Write down of investment
Rapid Realisations Fund Limited (AIM: RRF) announces that it has
written down in full its stake in Taylormade Betting Limited
("Taylormade"), an independent UK bookmaker, following a period of
very challenging trading conditions for the company. The carrying
value of RRF's holding in Taylormade at 31 March 2013 was
approximately GBP250,000.
For further information:
Rapid Realisations Fund Limited
Rhys Davies +41 (0) 79 620 0215
N+1 Singer
James Maxwell / Nick Donovan +44 (0) 20 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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