22 Mar 2013 07:00
Better Capital PCC Limited 2009 Cell
22 March 2013
Further to Better Capital PCC Limited's (the "Company") announcement on 1 March 2013 following the disposal of certain of the debt instruments in ATH Resources Plc and its subsidiary, Aardvark TMC Limited, the directors of the Company are pleased to confirm a second distribution of capital of 6.0 pence per ordinary share to all shareholders of the 2009 Cell. In line with the first distribution, this distribution of £12.4 million will be treated by the Company as a reduction of share capital paid out of monies attributed to the "share capital account".
The two capital distributions (reductions of share capital) announced to date for the 2009 Cell total £26.5 million, c. 12.6% of funds raised.
Details of the distribution are as follows:
·; Ex-date - 3 April 2013
·; Record date - 5 April 2013
·; Paid date - 19 April 2013
For further information, please contact:
Better Capital PCC Limited +44 (0)1481 716 000
Mark Huntley (Director)
Laurence McNairn (Administrator and Company Secretary)
Powerscourt +44 (0)20 7250 1446
Carmen Murray
Numis Securities Limited +44 (0)20 7260 1000
Nathan Brown
Oliver Hardy