Reduces Stake in Air Methods
01 Dezembro 2005 - 11:39AM
UK Regulatory
RNS Number:9923U
Acquisitor Holdings Ltd
01 December 2005
FOR IMMEDIATE RELEASE 1 DECEMBER 2005
ACQUISITOR HOLDINGS LTD
("the Company")
(Ticker: Reuters AQH.L or Bloomberg: AQH LN)
ACQUISITOR HOLDINGS FURTHER REDUCES STAKE IN AIR METHODS
Following our announcement on 17 November 2005, Acquisitor Holdings filed a
further Schedule 13D Amendment on 1 December 2005 under the rules of the U.S.
Securities and Exchange Commission reporting sales of 409,600 shares of Common
Stock of Air Methods Corporation (Nasdaq ticker AIRM). The Company realised
profits of around #1.6 million on these sales giving aggregate realised profits
on sales of AIRM in November of around #2.1million. The Company now owns 480,890
shares or 4.4% of the Common Stock.
Duncan Soukup, Deputy Chairman of the Company, commented: "Whilst we maintain
our positive outlook for Air Methods and belief in the company's management, the
share price has now risen over 29% since announcement of 3rd Quarter results on
9 November. We have therefore taken the opportunity to realise profits and
reduced the level of our exposure to market risk."
--ENDS--
Enquiries:
Bishopsgate Communications Ltd Tel: 020 7430 1600
Dominic Barretto
Maxine Barnes
Email: dominic@bishopsgatecommunications.com
Information on the Company can also be obtained at: www.acquisitorholdings.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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