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Return of Capital

3rd Feb 2011 11:03

RNS Number : 6336A
Rapid Realisations Fund Limited
03 February 2011
 



3 February 2011

 

Rapid Realisations Fund Limited (the "Company")

 

  

Return of Capital

 

 

Following a board meeting of the Company held earlier today, the Board have resolved to return to Shareholders 5p per Share by way of a bonus issue of B Shares to Shareholders on the Company's register on the record date of 11th February 2011. The Company's Shares will have an ex-date of 9th February 2011.

 

 

Following their issue the B Shares will be immediately redeemed by the Company on a pro rata basis. The redemptions will have a settlement date of 16th February 2011.

 

 

-ends-

 

Enquiries: 

 

Grant Thornton Corporate Finance Philip Secrett

+44 (0)20 7383 5100

 

Rapid Realisations Fund Limited Rhys Davies

+41796200215

 

 

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