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Investment Update

11th Mar 2014 14:49

RNS Number : 0455C
Treveria PLC
11 March 2014
 

Treveria PLC

("Treveria" or the "Company")

 

Investment Update Regarding Silo E

Further to the Investment Update announced on 21 October 2013 and with regard to the insolvency proceedings over the assets of the Silo E portfolio, Treveria (AIM: TRV) announces that it has reached a settlement with the insolvency administrator. Under the agreement, the insolvency administrator agrees to compensate Treveria for its cooperation in the sale of the portfolio. The insolvency administrator will also waive any potential claims against Treveria E S.à.r.l., the parent of the German portfolio companies. Treveria will not pursue any further steps in this regard. 

For further information, please contact:

IOMA Fund and Investment Management Limited

Graham Smith +44 (0) 1624 681250

 

N+1 Singer

James Maxwell/Nick Donovan +44 (0) 20 7496 3000

 

 

 

 

 

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