Disposal
4 February 2009
ACP Mezzanine Limited (AIM: ACPM) today announces that its wholly-owned subsidiary, ACP Mezzanine(UK) Limited, has concluded an agreement to sell its £3.5 million participation in the Iceland Foods Group Limited mezzanine loan for approximately £3.2 million in cash, which is a small premium to book value. In accordance with its announced strategy of opportunistically realizing investments and promptly returning the proceeds to shareholders, ACP Mezzanine expects that these proceeds will be distributed as soon as practicable.
Enquiries
- Hugh Field, Collins Stewart Europe, +44 (0) 207 523 8350 (Nominated Adviser)
- Tim McCall/James Longfield, Hogarth Partnership, +44 (0) 207 357 9477