Promethean PLC Statement re Distribution in specie (2281H)
09 Julio 2012 - 7:10AM
UK Regulatory
TIDMPTH
RNS Number : 2281H
Promethean PLC
09 July 2012
9(th) July 2012
Promethean plc (the "Company")
Distribution of the Company's Shareholding in Cambria
Automobiles plc
Promethean plc announces its intention to distribute in specie
its shareholding in Cambria Automobiles plc ("Cambria") to
shareholders on the register at close of business on 12(th) July
2012. The date for the distribution will be the 7(th) September
2012. This distribution is being made pursuant to the 2009
Promethean Shareholder-approved divestment programme.
Under the terms of Cambria's admission to AIM and the lock-in
agreement signed at that time between the Company and Cambria, no
distribution of shares could be made before 30(th) June 2012.
- END -
Enquiries:
Sir Peter Burt
Promethean Investments LLP +44 (0) 207 479 7660
James King
Fairfax I.S. PLC +44 (0) 207 598 5368
This information is provided by RNS
The company news service from the London Stock Exchange
END
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