17th Aug 2007 17:00
Promethean India PLC17 August 2007 For Immediate Release 17 August 2007 Promethean India Plc Rule 26 announcement. Website address: - www.prometheanindia.com The board of Promethean India is pleased to announce that the company's websitehas been updated and, as at 17 August 2007, all information required by Rule 26of the AIM Rules for Companies can be accessed at www.prometheaninvestments.com/INDIA/info_aim.htm. Enquiries: Gaurav Burman Promethean Investments LLP +44 (0)207 479 7660Nandita Sahgal Insinger de Beaufort +44 (0)20 7190 7000 Promethean India plc is managed by Promethean Investments LLP which isauthorised and regulated by the Financial Services Authority. -ENDS- Notes to Editors: Promethean India PLC Promethean India PLC, an investment company that focuses on businesses that areestablished or operating in India, was admitted to trading on the AlternativeInvestment Market ("AIM"), under the ticker symbol PTHI for the Ordinary Sharesand PTHW for the Warrants. The Company raised £50 million (gross of expenses) via a Placing of new OrdinaryShares and Warrants. The Company and its subsidiaries are advised by PrometheanInvestments LLP (the "Investment Manager") and by an Indian resident investmentadviser (the "Investment Adviser"). Promethean Investments LLP Promethean Investments LLP is a specialist fund manager that focuses on activistprivate equity investing in both quoted and private UK and Indian businesses.Promethean aims to acquire an interest in public and private companies where itbelieves opportunities exist to create or unlock near-term value. It combinesactive management, financial leverage and flexibility to create bespoke dealstructures for quoted and unquoted companies. Promethean Investments LLP manages Promethean Plc, a £57 million AIM quotedprivate equity fund and also manages Promethean India Plc, a £50 million AIMquoted private equity fund that targets value and growth opportunities in India. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ECAP.L