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Distribution of Capital

22nd Mar 2013 07:00

RNS Number : 5981A
Better Capital PCC Limited
22 March 2013
 



Better Capital PCC Limited 2009 Cell

22 March 2013

 

Further to Better Capital PCC Limited's (the "Company") announcement on 1 March 2013 following the disposal of certain of the debt instruments in ATH Resources Plc and its subsidiary, Aardvark TMC Limited, the directors of the Company are pleased to confirm a second distribution of capital of 6.0 pence per ordinary share to all shareholders of the 2009 Cell. In line with the first distribution, this distribution of £12.4 million will be treated by the Company as a reduction of share capital paid out of monies attributed to the "share capital account".

The two capital distributions (reductions of share capital) announced to date for the 2009 Cell total £26.5 million, c. 12.6% of funds raised.

Details of the distribution are as follows:

·; Ex-date - 3 April 2013

·; Record date - 5 April 2013

·; Paid date - 19 April 2013

 

For further information, please contact:

Better Capital PCC Limited +44 (0)1481 716 000

Mark Huntley (Director)

Laurence McNairn (Administrator and Company Secretary)

Powerscourt +44 (0)20 7250 1446

Carmen Murray

Numis Securities Limited +44 (0)20 7260 1000

Nathan Brown

Oliver Hardy

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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