Result of EGM and Return of Capital
12 December 2008
The Board of Directors of ACP Capital Limited (AIM: APL) is pleased to announce that at the Company’s Extraordinary General Meeting held on 12 December 2008, the shareholders approved a distribution of £0.04 per share. That distribution will be made to record holders as at 5 December on 23 December 2008.
John D. Chapman, the Company’s Chairman noted that “this is an important milestone in our strategy of placing the Company in run off, opportunistically selling assets and promptly returning capital to shareholders. Notwithstanding the turmoil in the world markets, we are optimistic that additional capital will be returned over the coming year.
Enquiries
- Hugh Field, Collins Stewart Europe, +44 (0) 207 523 8350 (Nominated Adviser)
- Tim McCall/James Longfield, Hogarth Partnership, +44 (0) 207 357 9477