19th Jul 2011 07:00
Trinity Capital plc(the "Company")
Mauritius Litigation Dismissed
On 26 March, 2010, the Company announced that Immobilien Development Indien I GmbH & Co. KG and Immobilien Development Indien II GmbH & Co. KG had commenced a lawsuit against the Company and others in the Supreme Court of Mauritius in connection with their investments in various real estate development projects in India. In June, 2010, the Company moved to dismiss the lawsuit on jurisdictional grounds.
The Company is pleased to announce that the Mauritius court has dismissed the Immobilien lawsuit on jurisdictional grounds and has awarded the Company the costs of defending the lawsuit.
Further information, please contact:
Enquiries:
MHP Communications
Tim McCall / James White +44 20 3128 8756
IOMA Fund and Investment Management Limited
Philip Scales, Director +44 1624 681250
Evolution Securities Ltd
Nominated Adviser and Joint Broker
Bobbie Hilliam / Chris Clarke, Corporate Finance +44 207 071 4300
Related Shares:
The Revel Collective