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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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Update

17 Dec 2019 16:19

RNS Number : 2191X
Global Resources Investment Tst PLC
17 December 2019
 

17 December 2019

 

Global Resources Investment Trust Plc

 

Update

 

 

Global Resources Investment Trust Plc (''GRIT'') has been advised by Anglo African Minerals plc (''AAM'') that negotiations between Makar Navis and AAM regarding the sale of the company, as described in our announcement of 30 August 2019, have been terminated.

 

AAM has informed GRIT that discussions with other interested parties continue and that it is in the process of appointing advisors to help devise an appropriate strategy to realise the value in AAM.

 

Whilst GRIT remains hopeful of concluding a transaction in respect of its holding in AAM, it is also examining other opportunities and would hope to be in a position to update the market in the near future.

 

 

 

 Martin Lampshire 

 

 Steve Roberts

 

 James Normand

 

 

 

 

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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