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Return of Capital

15th Apr 2011 11:50

RNS Number : 0130F
Rapid Realisations Fund Limited
15 April 2011
 



15 April 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 3p per Share by way of a bonus issue of B Shares to Shareholders on the Company's register on the record date of 3rd May 2011. The Company's Shares will have an ex-date of 27th April 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 6 May 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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