Kubera Cross-Border Fund Limited Update on Disposal of Investment (7709L)
31 12월 2018 - 4:00PM
UK Regulatory
TIDMKUBC
RNS Number : 7709L
Kubera Cross-Border Fund Limited
31 December 2018
This announcement contains inside information
31 December 2018
Kubera Cross-Border Fund Limited
Update on Disposal of Investment
Kubera Cross-Border Fund Limited (the "Company") announces that
further to the terms of a Share Purchase Agreement dated 17 March
2017 as announced on 20 March 2017 in respect of the disposal of
the Company's entire stake in Planetcast Media Services Limited
(the "Disposal") and the most recent announcement made in respect
of the Disposal on 4 October 2018, the Company is pleased to
announce that progress has been made in the regulatory approval
process and, accordingly, the long stop date for the Disposal has
been further extended to 28 February 2019.
Other than the extension of the long stop date, all other terms
and conditions of the Share Purchase Agreement remain
unchanged.
A further update will be made in due course.
For more information contact:
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett/ Jamie Barklem / Niall McDonald
Tel.: +44 (0) 20 7383 5100
Email: philip.j.secrett@uk.gt.com
Numis Securities Limited (Broker)
David Benda, Managing Director
Tel.: +44 (0) 20 7260 1275
Email: d.benda@numis.com
FIM Capital Limited (Administrator, Registrar &
Secretary)
Philip Scales, Director
Tel.: +44 (0) 1624 681250
Email: pscales@fim.co.im
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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December 31, 2018 02:00 ET (07:00 GMT)
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