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Investment Update

16 Jul 2013 07:00

RNS Number : 3640J
Clean Energy Brazil PLC
16 July 2013
 



Clean Energy Brazil PLC

("CEB" or the "Company")

 

Sale of Agricultural Assets-Progress Update

 

Further to the announcements made by Clean Energy Brazil plc ("CEB") on 1 June 2012 and 10 December 2012 relating to the sale of CEB's entire interest in Unialco M/S to Unialco S/A, CEB is pleased to announce that following an installment payment made on 11 July 2013, the total amount received to date is USD $11 million. Approximately USD $6.7 million of installment payments are still outstanding with last payment due by 15 October 2013.

 

Our current cash position is approximately USD $3.6 million. We intend to continue to closely monitor our costs and return excess capital to shareholders.

 

 

Further enquiries:

IOMA Fund & Investment Management Limited (Administrator)

Philip Scales Tel: +44 (0)1624 681250

 

N+1 Singer

James Maxwell/Nick Donovan Tel: +44 (0) 20 7496 3000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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Date   Source Headline
26th Jan 20093:53 pmRNSIncentive Scheme
9th Jan 20097:00 amRNSTrading Statement
29th Dec 200812:57 pmRNSNotification of interests
24th Dec 200811:25 amRNSNotification of Interests
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8th Dec 200811:21 amRNSInvestment update
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20th Nov 200811:26 amRNSInvestment Update
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31st Oct 20087:00 amRNSAvailability of Accounts
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6th Aug 20088:34 amRNSEPT Disclosure
5th Aug 20082:59 pmRNSNotification of Major Interes
4th Aug 20086:08 pmRNSResponse to offer made by Fai
4th Aug 200810:30 amRNSEPT Disclosure
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28th Jul 20082:59 pmRNSDirector Declaration

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