Update on timing of admission of new shares
9 June 2008
Further to the release on 4 June 2008 whereby ACP Mezzanine limited announced a capital raise for 133,333,333 new ordinary shares, the Directors believe that the admission, which is subject to approval from the Jersey Financial Services Commission, will not take place on the 10 June but expect the shares to be admitted shortly thereafter.
Enquiries:
- Rob Bailhache & Nick Henderson, Financial Dynamics +44 (0) 20 7269 7200 (Media Relations)
- Sacha Macintosh, ACP Capital UK LLP +44 (0) 844 800 4530
- Philip Secrett/ Fraser Campbell, Grant Thornton Corporate Finance (NOMAD) +44 (0) 20 7383 5100
- Simon Atkinson/ Simon Stilwell, Liberum Capital Limited (Financial Adviser and broker) +44 (0) 20 3100 2000
About ACP Mezzanine
ACP Mezzanine Limited is a Jersey-incorporated, closed ended investment company quoted on AIM. It is a provider of sub-investment grade finance to European small and mid-sized enterprises – with a primary focus on the UK, France, Germany and Italy – originating, structuring and underwriting the majority of its investments through ACP Capital Limited and ACP Capital’s European network. ACP Mezzanine aims to optimise risk-adjusted returns by actively managing its portfolio and to distribute at least 85% of profits as dividends.