Completion of Sale and Further Capital Distribution
7 December 2009
The Board of ACP Mezzanine Limited (the “Company”: AIM: ACPM) today announces the completion of the sale of its tranche D investment in IFR’s debt to Perfina AG for a total cash consideration of €15.0 million.
The Board of the Company also announces today a return of capital of 19.50 eurocents per share, payable on 22 December 2009 to shareholders on the register on 11 December 2009. The ex-dividend date will be 9 December 2009.
This distribution of approximately €46.0 million mainly comprises proceeds from the disposal of the Company’s investment in IFR Jersey Limited’s preference shares (as announced on 25 November 2009) and the tranche D proceeds referred to above.
Enquiries
- Hugh Field/Bruce Garrow, Collins Stewart Europe, +44 (0) 207 523 8350 (Nominated Adviser)
- Tim McCall/ Barnaby Fry, Hogarth Partnership, +44 (0) 207 357 9477