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Repayment to LIM Asia Multi-Strategy Fund Inc

20th Jan 2017 13:15

RNS Number : 7531U
Global Resources Investment Tst PLC
20 January 2017
 

20 January 2017

LEI: 2138005OJKGWG3X4SY51

 

 

 

GLOBAL RESOURCES INVESTMENT TRUST PLC

("GRIT" or the "Company")

 

Repayment to LIM Asia Multi-Strategy Fund Inc

 

The Board of Directors of GRIT (the "Board") confirm that it has today made a repayment of £1.5 million nominal of 9% Convertible Unsecured Loan Stock 2017 to LIM Asia Multi-Strategy Fund Inc ("LIM"). Following this payment, the Board is pleased to confirm that LIM has now been repaid in full.

The Board also confirms that it intends to repay the remain outstanding £1.2 million of 9% Convertible Unsecured Loan Stock 2017 in March 2017 in accordance with the terms of the loan note instrument.

 

 

Enquiries to:

David ("Sam") Hutchins,

RDP Fund Management LLP

Investment Manager

Tel: +(0) 7290 8540

Martin Cassels

R&H Fund Services Limited

Company Secretary and Administrator

Tel: +(0) 131 550 3760

 

 

 

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