TVC Holdings PLC Annual General Meeting (7463K)
27 6월 2014 - 6:40PM
UK Regulatory
TIDMTVCH
RNS Number : 7463K
TVC Holdings PLC
27 June 2014
TVC HOLDINGS PLC
Annual General Meeting
TVC Holdings plc ("TVC" or the "Company"), the investment
holding company, held its Annual General Meeting in Dublin today
(Friday, 27 June 2014).
Speaking at the meeting, Executive Chairman, Shane Reihill,
said:
"We are pleased to report a year of very strong performance at
the Company, with a profit for the year in excess of EUR33 million,
driven by realised gains on disposals of investments and an
increase in value of the remaining investment portfolio.
"Having completed a detailed review of TVC's strategic options,
in light of both the continuing lack of suitable investment
opportunities and the current equity funding environment, as
previously outlined, the Board of the Company proposes to make a
large capital distribution to shareholders and, over a number of
years, to carry out an orderly realisation of the Company's
remaining assets to maximise value.
"We believe that this strategy is in the best interests of all
our shareholders".
Ends.
TVC Holdings plc
Shane Reihill, Executive Chairman
John Tracey, Chief Executive Officer
Tel: +353-1-2057700
Murray Consultants
Pauline McAlester
Tel: +353-1-4980300
Davy
John Frain
Tel: +353-1-6796363
This information is provided by RNS
The company news service from the London Stock Exchange
END
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