Completion of Proposals
04 Março 2009 - 2:28PM
UK Regulatory
TIDMCRK
RNS Number : 3393O
Clerkenwell Ventures PLC
04 March 2009
Clerkenwell Ventures Plc ("Clerkenwell Ventures")
Approval of reduction of capital plus Completion of Proposals
Clerkenwell Ventures announces that it has received High Court approval for the
Reduction of Capital. This approval means for every Ordinary Share held at the
Record Date a Shareholder will receive 32.1 pence in cash. This amount is
expected to be paid out during the week commencing 9 March.
The final step of the Proposals is the Consolidation and this will take effect
so that at 8.00am, on Monday, 9 March 2009 the New Ordinary Shares will be
admitted to trading on AIM, under ticker code CRK, and with a new ISIN:
GB00B3L0Q783.
All capitalised terms in this announcement have the meanings set out in the
Company's Circular dated 9 January 2009.
For further information, please contact:
Clerkenwell Ventures PLC
Nicholas Wong, Company Secretary Tel: 0870 066 2099
Seymour Pierce Ltd
Richard Feigen Tel: 0207 107
8000
This information is provided by RNS
The company news service from the London Stock Exchange
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