TIDMACPM
RNS Number : 6692L
ACP Mezzanine Ltd
15 January 2009
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15 January 2009
ACP Mezzanine Limited (AIM:ACPM) today announces that it has concluded an
agreement to sell its EUR3.0m subordinated debt investment in GCI Automotive
Holding GmbH at par plus accrued interest. The sale constitutes an IRR of 17.5
percent. Cash settlement is approximately EUR3.27m.
The company further notes that it expects to return to shareholders the proceeds
of this disposal as soon as practicable in accordance with company policy of
promptly distributing all excess capital to shareholders.
Enquiries
* Hugh Field, Collins Stewart Europe, +44 (0) 207 523 8350 (Nominated Adviser)
* Tim McCall/James Longfield, Hogarth Partnership, +44 (0) 207 357 9477
This information is provided by RNS
The company news service from the London Stock Exchange
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