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Portfolio Update

1st Jul 2013 09:35

RNS Number : 2531I
Rapid Realisations Fund Limited
01 July 2013
 



1 July 2013

Rapid Realisations Fund Limited ("RRF")

Write down of investment

 

Rapid Realisations Fund Limited (AIM: RRF) announces that it has written down in full its stake in Taylormade Betting Limited ("Taylormade"), an independent UK bookmaker, following a period of very challenging trading conditions for the company. The carrying value of RRF's holding in Taylormade at 31 March 2013 was approximately £250,000.

 

For further information: 

Rapid Realisations Fund Limited

Rhys Davies

 

+41 (0) 79 620 0215

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
 
END
 
 
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