TIDMT2I
RNS Number : 1543Z
T2 Income Fund Limited
16 September 2009
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T2 Income Fund Limited ("T2" or the "Company")
Proposed GBP20.0 million placing of new ordinary shares
The board of T2 is pleased to announce that the Company will shortly commence
marketing with a view to raising up to GBP20.0 million, before expenses, by way
of a Placing (the "Placing") with institutional and other investors (including
some existing shareholders) of new ordinary shares in the Company (the "Placing
Shares"). The Company's broker, Singer Capital Markets Limited, will be
approaching potential investors shortly to arrange investor meetings which will
be undertaken from approximately the end of September 2009.
The net proceeds of the Placing, if successful, will be used to take advantage
of the strategic opportunities which the Board believes are available to the
Company and more particularly set out in the Company's Interim Results issued on
3 September 2009.
Application will be made for the Placing Shares to be admitted to trading on the
AIM market of the London Stock Exchange plc once the Placing has been completed.
Further details of the Placing will be released following the completion of the
marketing programme.
Enquiries:
+-------------------------------------------+-------------------------------------+
| T2 Income Fund | Tel: +353 1 4433 466 |
| Geoff Miller | |
| | |
+-------------------------------------------+-------------------------------------+
| Singer Capital Markets Limited | Tel: +44(0) 203 205 7500 |
| Jos Trusted | |
| Alan Geeves | |
| James Waterlow | |
| | |
+-------------------------------------------+-------------------------------------+
| Grant Thornton UK LLP | Tel: +44(0) 207 383 5100 |
| Philip Secrett | |
| | |
+-------------------------------------------+-------------------------------------+
| Financial Dynamics | Tel: +44(0) 207 269 7132 |
| Ed Gascoigne-Pees | |
| Ed Berry | |
+-------------------------------------------+-------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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