TIDMCRV

RNS Number : 9849L

Craven House Capital PLC

24 April 2018

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Craven House Capital Plc

("Craven House" or the "Company")

DLC Holdings Update

Further to the announcements made by the Company on 23 August 2017 and 20 March 2018, Craven House is pleased to announce that it has received regulatory approval by the Toronto Stock Exchange ("TSX") for the transfer of its shareholdings in Ceniako Ltd ("Ceniako") and Craven House Industries Ltd ("CHI") to listed DLC Holdings Corp (TSXV: DLC).

In consideration for the transfer, the Company has received 57,461,906 shares in DLC, representing a 68% shareholding in DLC post-transaction.

Ends

For further information please contact:

 
Craven House Capital Plc          Tel: 0203 286 8130 
 Mark Pajak 
 www.Cravenhousecapital.com 
SI Capital                        Tel: 01483 413500 
 Broker 
 Nick Emerson 
 www.sicapital.co.uk 
 SPARK Advisory Partners Limited   Tel: 0203 368 3550 
  Nominated Adviser 
  Matt Davis/Mark Brady 
  www.Sparkadvisorypartners.com

About Craven House Capital:

The Company's Investing Policy is to invest in or acquire a portfolio of companies, partnerships, joint ventures, businesses or other assets globally in any geographic jurisdiction. The company will invest in both developed and developing markets providing long term patient capital and is often involved in special situations, restructuring, expansion and turn around investments in crisis and transitioning economies.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 24, 2018 11:08 ET (15:08 GMT)

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