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Acquisition

22 Jul 2011 15:46

RNS Number : 9294K

Better Capital Limited

22 July 2011

BETTER CAPITAL LIMITED 22 July 2011

ACQUISITION

Better Capital Limited (the "Company") is pleased to announce that Better Capital Fund LP (the "Fund") has completed the acquisition of the issued share capital of DigiPoS Store Solutions Holdings Limited, which in turn owns and controls the wider DigiPoS trading group. The investment follows the acquisition of the bank facilities of DigiPoS Store Solutions Group Limited and its subsidiaries, which the Company announced on 5 July 2011.

The Fund's commitment to the group remains at £21 million.

Enquiries:

Better Capital Limited +44 (0)1481 716 000

Mark Huntley (Director)

Laurence McNairn (Administrator and Company Secretary)

Better Capital LLP +44 (0)20 7440 0840

Jon Moulton (Chairman)

Numis Securities Limited +44 (0)20 7260 1000

Nathan Brown

Oliver Hardy

Powerscourt +44 (0)20 7250 1446

Roddy Cameron

Jon Earl

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQEALXAALLFEFF

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