Capital Limited Direct Investment Update (1698Y)
03 Mayo 2023 - 1:00AM
UK Regulatory
TIDMCAPD
RNS Number : 1698Y
Capital Limited
03 May 2023
For Immediate Release 03 May 2023
Capital Limited
("Capital", the "Group" or the "Company")
Direct Investments Update
Capital (LSE: CAPD), a leading mining services company, today
provides an update of its investment holding in Allied Gold.
Allied Gold Corp Limited ("Allied Gold") has recently announced
plans of a public listing in North America and the expansion of its
executive team ( Allied Gold release source ). As per Allied Gold's
release, this information only represents Allied Gold's belief of
future events and therefore there is no assurance that the proposed
transactions will occur.
Capital's current effective interest in Allied Gold is 1.55%
(pre any potential further transactions highlighted in the Allied
Gold's release), which we account for within unlisted (Level 3)
investments. At the end of 2022, unlisted investments accounted for
$8.3 million out of our total portfolio of $38.7 million, with
Allied Gold making up the majority of the unlisted portion.
- ENDS -
For further information, please visit Capital Limited's website
www.capdrill.com or contact:
Capital Limited +230 464 3250
Jamie Boyton, Executive Chairman investor@capdrill.com
Peter Stokes, Chief Executive Officer
Rick Robson, Chief Financial Officer
Conor Rowley, Investor Relations & Corporate Development
Manager
Tamesis Partners LLP +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Stifel Nicolaus Europe Limited +44 20 7710 7600
Ashton Clanfield
Callum Stewart
Rory Blundell
Buchanan +44 20 7466 5000
Bobby Morse capital@buchanan.uk.com
George Pope
About Capital Limited
Capital Limited is a leading mining services company providing a
complete range of drilling, mining, maintenance and geochemical
laboratory solutions to customers within the global minerals
industry, focusing on the African markets. The Company's services
include: exploration, delineation and production drilling; load and
haul services; maintenance; and geochemical analysis. The Group's
corporate headquarters are in Mauritius and it has established
operations in Côte d'Ivoire, Canada, Democratic Republic of Congo,
Egypt, Guinea, Kenya, Mali, Mauritania, Nigeria, Pakistan, Saudi
Arabia, Sudan and Tanzania.
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END
UPDATMATMTTMBJJ
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May 03, 2023 02:00 ET (06:00 GMT)
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