4th Jul 2011 07:00
Trinity Capital PLC
(the "Company")
Investment Update
Trinity Capital PLC (AIM: TRC) announces the sale of the investment in Kapstone Constructions Pvt. Ltd by one of the Company's Mauritian wholly-owned subsidiaries. The consideration amounts to the approximately GBP12.6.million at current exchange rates. This amount represents a discount of approximately 10% to the carrying value at 30 September 2010 of GBP14 million.
Enquiries:
MHP Communications
Tim McCall / James White +44 203 128 8756
IOMA Fund and Investment Management Limited
Philip Scales, Director +44 1624 681250
Evolution Securities
Nominated Adviser and BrokerBobbie Hilliam/ Chris Clarke, Corporate Finance +44 207 071 4300
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The Revel Collective