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GLOBAL RESOURCES INVESTMENT TRUST PLC ORD GBP0.01 RNS Release

Repayment to LIM Asia Multi-Strategy Fund Inc

RNS Number : 9348H
Global Resources Investment Tst PLC
23 August 2016
 

23 August 2016

 

 

GLOBAL RESOURCES INVESTMENT TRUST PLC

("GRIT" or the "Company")

 

Repayment to LIM Asia Multi-Strategy Fund Inc

 

The board of directors of GRIT (the "Board") confirm that they have today repaid £1.0 million nominal of 9% Convertible Unsecured Loan Stock 2017 to LIM Asia Multi-Strategy Fund Inc ("LIM").  As previously announced on 19 August 2016, It expects to repay the balance of £2.5 million nominal of 9% Convertible Unsecured Loan Stock 2017 to LIM from the proceeds of continuing portfolio realisations.

 

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Enquiries to:

David ("Sam") Hutchins,

RDP Fund Management LLP

Investment Manager

Tel:  +(0) 7290 8540

Martin Cassels

R&H Fund Services Limited

Company Secretary and Administrator

Tel:  +(0) 131 550 3760

Roland Cornish / Emily Staples

Beaumont Cornish Limited

Financial Adviser

Tel:  +(0) 7628 3396

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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