2nd Dec 2010 10:20
2nd December 2010
RAPID REALISATIONS FUND LIMITED
("Rapid" or "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 10 December 2010. The Company's Shares will have an ex-date of 8 December 2010.
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 17 December 2010.
-ends-
Enquiries:
Grant Thornton Corporate Finance Philip Secrett
+44 (0)20 7383 5100
Rapid Realisations Fund Limited Rhys Davies
+41796200215
Related Shares:
RRF.L