Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Sale of Investment and Financial Update

23rd Apr 2021 12:09

RNS Number : 4745W
Global Resources Investment Tst PLC
23 April 2021
 

For immediate release 23 April 2021

 

 

GLOBAL RESOURCES INVESTMENT TRUST PLC ("GRIT" or the "Company")

 

Sale of Investment and Financial Update

 

The Company is pleased to report that it has sold its entire investment in Siberian Goldfields Limited ("SGL") in an off-market transaction for a cash consideration of gross proceeds of GBP 488,352.

 

The proceeds from the sale will be paid into the recently approved CVA for the benefit of the creditors of the Company.

GRIT is currently working on finalising its overdue Annual audited results for the year ended 31 December 2019 and unaudited interim statement for the half year ended 30 June 2020, together with an additional fundraising.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2012 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

For further information, please contact:

 

Global Resources Investment Trust PLC

Tel: +44 (0) 203 198 2554

Martin Lampshire

Beaumont Cornish Ltd

Tel: +44 (0) 207 628 3396

Roland Cornish

Felicity Geidt

Peterhouse Capital Limited

Tel: +44 (0) 207 469 0930

Lucy Williams

Duncan Vasey

Heena Karani

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEAFLDAEPFEFA

Related Shares:

Grit Inv Tst
FTSE 100 Latest
Value7,679.48
Change-231.05