26th Apr 2005 11:35
Progressive Euro Alt. Portfolio Ltd26 April 2005 Progressive European Alternative Portfolio Limited (to be renamed Advance Focus Fund Limited) Results of Placing The Company is pleased to announce that £11.8 million has been raised (beforeexpenses) pursuant to the Placing described in the circular dated 18 March 2005(the "Circular"). Following the Placing there will be 26,855,495 Shares inissue. Dealings in the New Shares are expected to commence on 27 April 2005. 26 April 2005 Enquiries: Progressive European Markets Limited 020 7556 5530James Carthew Marshall Securities Limited 020 7490 3788Gary Pinkerton/John Webb Note: Capitalised terms have the same meaning as that used in the circular dated18 March 2005. Following the change of the Company's name to Advance Focus Fund Limited (whichis expected to occur on 6 May 2005) the stock exchange ticker will change from"PSVA" to "ADF". This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ADF Facilities