30th Sep 2008 11:38
30 September 2008
Albany Capital Plc
('Albany' or 'the Company')
Investment Update
Following the Company's announcement on 23 July 2008 re its investment in Honour Field, the Company is pleased to announce that the acquisition of Honour Field has now been completed by Ninety Plc and the enlarged company has been admitted to trading on AIM. As a result of this transaction the Company now holds 8,937,778 ordinary shares being equal to 38.7 per cent of the enlarged issued share capital of Ninety Plc
nb: Ninety plc is to be renamed Sorbic International plc effective 1 October 2008
www.albanycapital.co.uk
Enquiries:
Albany Capital Plc
John McLean, Chairman Tel: +44 (0)20 3178 4506
WH Ireland Limited
James Joyce Tel: +44 (0) 20 7220 1666
Sarang Shah
Hansard Group
Adam Reynolds Tel: +44 (0) 20 7245 1100
John Bick
Related Shares:
ALB.LSorbic International