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Investment Update

4th Jul 2011 07:00

RNS Number : 6386J
Trinity Capital PLC
04 July 2011
 



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

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