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  5. Sale of shares in investee company

Pin to quick picksGrit Inv Tst Regulatory News (GRIT)

Grit Inv Tst Information
  • This share is currently suspended. It was suspended at a price of 1.25

Share Price Information for Grit Inv Tst (GRIT)

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Global Resources is an Investment Trust

To generate medium and long-term capital growth through investing in a diverse portfolio of companies which focus on natural resources and mining, primarily listed/quoted on a relevant exchange.

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Sale of shares in investee company

20 Sep 2019 07:00

RNS Number : 0347N
Global Resources Investment Tst PLC
20 September 2019
 

 

Global Resources Investment Trust PLC

LEI: 2138005OJKGWG3X4SY51

 

 

20 September 2019

GLOBAL RESOURCES INVESTMENT TRUST PLC 

("GRIT" or the "Company")

Sale of shares in investee company

 

Further to the announcement of 15 August 2019, the Company is pleased to announce that the proposed sale of the 430,000,000 ordinary shares in Kalia Limited in an off-market transaction for gross proceeds of £225,000 has completed.

 

Following the sale, the Company continues to hold 50,000,000 ordinary shares in Kalia Limited with a market value of approximately £28,000.

 

 

 

For further information:

 

Global Resources Investment Trust Plc (www.grit.london)

Martin Lampshire, Executive Director +44 (0) 203 1982554

 

Beaumont Cornish Limited (financial adviser) +44 (0) 207 628 3396

Roland Cornish / Felicity Geidt

 

Peterhouse Capital Limited (sole broker) +44 (0)20 7469 0930

Lucy Williams / Duncan Vasey

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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