Portfolio Update
10 8월 2010 - 1:30AM
UK Regulatory
TIDMBCP
RNS Number : 7951Q
Boundary Capital PLC
09 August 2010
Boundary Capital plc ("Boundary")
Portfolio Update
09 August 2010
Further to the announcements of 8 February 2010 and 30 June 2010, Boundary
Capital, confirms that Art Holdings Limited, a holding company for 100% of the
activities of the Arnotts Department Store group ("Arnotts"), has concluded
negotiations with its banks resulting in ongoing investment and support from its
bankers which will have the effect of diluting Boundary Capital's economic
interest to a minimal level. Given the level of senior debt within Arnotts it is
unlikely that this interest will return any value to Boundary Capital.
Enquiries:
+-------------------------------+-------------------------------+
| Boundary Capital plc | |
+-------------------------------+-------------------------------+
| Declan Cassidy | + 353 1 660 9300 |
+-------------------------------+-------------------------------+
+-------------------------------+-------------------------------+
| Davy | |
+-------------------------------+-------------------------------+
| Des Carville | +353 1 679 6363 |
+-------------------------------+-------------------------------+
This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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