PU12 Puma Vct 12 Plc

TIDMPU12

RNS Number : 8171X

Puma VCT 12 PLC

01 May 2019

Puma VCT 12 plc ("the Company"): Holding in Sweat Union Limited

As reported in the most recent interim results, Sweat Union Limited ("Sweat"), the budget gym operator in which we invested some GBP3.4m, was experiencing trading difficulties. We regret to have to report that, following the rejection of a proposed creditors' voluntary arrangement, its directors today have begun a process which may lead to Sweat entering creditors' voluntary liquidation. The shareholders are not expected to make any recovery from this liquidation, which will therefore reduce the Company's net asset value by approximately 11p per share.

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 rns@lseg.com or visit www.rns.com.

END

MSCSSIFWFFUSEFI

(END) Dow Jones Newswires

May 01, 2019 13:19 ET (17:19 GMT)

Puma Vct 12 (LSE:PU12)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Puma Vct 12 (LSE:PU12)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024