Close of Sale of Alea Holdings UK
30 Octubre 2009 - 1:00AM
UK Regulatory
TIDMALEA
RNS Number : 6080B
Alea Group Holdings(Bermuda) Ltd
30 October 2009
30 October 2009
Alea Group Holdings (Bermuda) Ltd
Alea Announces Close of Sale of Alea Holdings UK Ltd. to Catalina
HAMILTON, Bermuda - Alea Group Holdings (Bermuda) Ltd. ('Alea' or 'the Group')
today announced the closing of the previously announced sale of its UK based
subsidiary (Alea Holdings UK Ltd.) to Catalina Holdings (Bermuda) Ltd
("Catalina").
The sale was completed on 29 October 2009 following receipt of the necessary
regulatory approvals.
For further information, please contact:
Mark Cloutier
+1 441 296 9150
Sheel Sawhney
+1 860 258 6524
Financial Dynamics
Robert Bailhache
Nick Henderson
+44 20 7269 7114
####
Past performance cannot be relied upon as a guide to future performance.
Certain statements made in this document that are not based on current or
historical facts are forward-looking in nature including, without limitation,
statements containing the words "believes," "anticipates," "plans," "projects,"
"intends," "expects," "estimates," "predicts," and words of similar import. All
statements other than statements of historical facts including, without
limitation, those regarding the Group's financial position, business strategy,
plans and objectives of management for future operations (including development
plans and objectives) are forward-looking statements. Such forward-looking
statements involve known and unknown risks, uncertainties and other important
factors that could cause the actual results, performance or achievements of the
Group to be materially different from future results, performance or
achievements expressed or implied by such forward-looking statements. In
particular, forecasting of reserves for future losses is based on historical
experience and future assumptions. As a result, they are inherently subjective
and may fluctuate based on actual future experience and changes to current or
future trends in the legal, social or economic environment. Such forward-looking
statements are based on numerous assumptions regarding the Group's present and
future business strategies and the environment in which the Group will operate
in the future. These forward-looking statements speak only as at the date of
this document or other information concerned. Alea Group Holdings (Bermuda) Ltd
expressly disclaims any obligations or undertaking (other than reporting
obligations imposed on us in relation to our listing on the London Stock
Exchange) to disseminate any updates or revisions to any forward-looking
statements contained herein to reflect any changes in the Group's expectations
with regard thereto or any change in events, conditions or circumstances on
which any such statement is based. References in this paragraph to the Group are
to Alea Group Holdings (Bermuda) Ltd and its subsidiaries from time to time.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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