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10 Nov 2011 14:28
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10 November 2011
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Kubera Cross-Border Fund Limited
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AIM Rule 17 Notice
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Kubera Cross-Border Fund Limited (the "Fund") (LSE/AIM: KUBC) announces that pursuant to Rule 17 of the AIM Rules for Companies ("AIM Rules") the following change to a director's disclosure under Schedule Two, Paragraph (g) of the AIM Rules:
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Mr Michel Casselman, an independent director of the Fund, was formerly a non-executive director of New Paragon Investments Limited ("NPIL"), a company incorporated in Hong Kong. Mr Casselman resigned from the board of NPIL on 22 June 2010 and subsequently, on 16 May 2011, NPIL was placed into a Creditors' Voluntary Liquidation.
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For more information contact:
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Kubera Partners, LLC (Investment Manager of Kubera Cross-Border Fund Limited)
Ramanan Raghavendran, Managing Partner
Email: info@kuberapartners.com
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Numis Securities Limited (Broker)
David Benda, Director
Tel.:+44 (0) 20 7260 1275
Email: d.benda@numiscorp.com
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Grant Thornton Corporate Finance (Nominated Adviser)
Philip Secrett, Partner/ David Hignell, Manager
Tel.: +44 (0) 20 7383 5100
Email: philip.j.secrett@gtuk.com
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Disclaimer:
This announcement may contain certain forward-looking statements with respect to the financial condition, results of operations and business of the Fund and its portfolio companies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Fund or its portfolio companies' actual performance to be materially different from any future performance expressed or implied by such forward-looking statements. Such forward-looking statements are based on assumptions regarding the Fund and its portfolio companies present and future business strategies and the political and economic environment in which they operate. Reliance should not be placed on these forward-looking statements, which reflect the view of Kubera Partners, LLC as of the date of this release only.
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