22nd Dec 2006 10:05
Trinity Capital PLC22 December 2006 Trinity Capital Plc Directors dealings Trinity Capital Plc ("Trinity" or "the Company"), today announces that onThursday 21 December 2006 Rak Chugh, a Director of Trinity, on behalf of TrikonaAdvisers Limited ("Trikona") has acquired 600,000 ordinary shares at 82p pershare. Following this purchase, Rak Chugh and Trikona have a beneficial interestin 1,959,990 ordinary shares, equating to 0.77 % of the issued share capital ofthe Company. Rak Chugh, Director of Trinity said, "This purchase reflects Trikona belief inthe future performance of the Company. We have made good progress with theacquisitions to date and we have a strong pipeline of transactions whichunderpin our confidence that the fund will be fully invested well within thetimescale set at IPO. Market conditions in the Indian real estate sector arepositive, enabling us to agree transactions at levels which have the potentialto deliver excellent returns. We therefore look forward to providing furtherupdates on the company's progress shortly. " This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
The Revel Collective