If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLeed Resources Regulatory News (LDP)

  • There is currently no data for LDP

Investing Policy Update

17 May 2012 07:00

RNS Number : 5230D
Leed Resources PLC
16 May 2012
 



 

Leed Resources PLC

("Leed" or the "Company")

Investing Policy Update

 

 

The Board of Leed, the natural resource focused investment company, announces that the Company has now substantially implemented its investing policy and has satisfied the requirements of Rule 15 of the AIM Rules for Companies.

 

On 23 May 2011, the Company announced that it had sold substantially all of its assets and therefore had become an investing company under Rule15. Consequently, Leed was obliged to have made an acquisition that constituted a reverse takeover or otherwise have substantially implemented its investing policy within 12 months from that date.

 

Since then, Leed has announced a significant investment in Manas Coal Limited Liability Company on 12 September 2011. In addition, the Company has recently purchased for cash shares in certain quoted oil and gas companies that have scope for medium term growth, with a focus on production and development in Africa.

 

Against this background, the Company is continuing to review a number of significant investment opportunities within its stated investing policy and further announcements will be made in due course.

 

For further information, please contact:

 

Leed Resources PLC Peter Redmond

Tel: 0771 8660727

 

Libertas Capital Corporate Finance Limited Sandy Jamieson

Tel: 020 7569 9650

 

VSA Capital Limited Andrew Raca

Tel: 020 3005 5000

 

Rivington Street Corporate Finance Limited Jon Levinson

Tel: 020 7562 3350

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTUNOBRUNAVAAR
Date   Source Headline
13th Jan 20141:52 pmRNSNotice of AGM
20th Dec 20137:00 amRNSFinal Results
27th Nov 201311:08 amRNSManas Coal LLC
25th Jun 20136:00 pmRNSGrant of Options
31st May 20134:40 pmRNSSecond Price Monitoring Extn
31st May 20134:35 pmRNSPrice Monitoring Extension
29th May 20134:40 pmRNSSecond Price Monitoring Extn
29th May 20134:35 pmRNSPrice Monitoring Extension
16th May 20133:29 pmRNSDirector appointment
30th Apr 20134:40 pmRNSSecond Price Monitoring Extn
30th Apr 20134:35 pmRNSPrice Monitoring Extension
2nd Apr 20134:40 pmRNSSecond Price Monitoring Extn
2nd Apr 20134:35 pmRNSPrice Monitoring Extension
28th Mar 201311:22 amRNSHalf Yearly Report
27th Mar 20132:09 pmRNSManas Coal - Renewal of coal exploration licence
15th Feb 20134:40 pmRNSSecond Price Monitoring Extn
15th Feb 20134:35 pmRNSPrice Monitoring Extension
11th Feb 20134:40 pmRNSSecond Price Monitoring Extn
11th Feb 20134:35 pmRNSPrice Monitoring Extension
5th Feb 20134:40 pmRNSSecond Price Monitoring Extn
5th Feb 20134:35 pmRNSPrice Monitoring Extension
18th Jan 20137:01 amRNSResult of AGM
18th Jan 20137:00 amRNSBoard Change
28th Dec 20124:40 pmRNSSecond Price Monitoring Extn
28th Dec 20124:35 pmRNSPrice Monitoring Extension
20th Dec 20123:25 pmRNSFinal Results - Preliminary Statement
24th Oct 20122:23 pmRNSIssue of Equity
18th Oct 20121:16 pmRNSIssue of Equity
9th Aug 20128:38 amRNSStatement re Investment
6th Jul 201210:33 amRNSHolding(s) in Company
17th May 20127:00 amRNSInvesting Policy Update
30th Mar 201212:45 pmRNSHalf Yearly Report
23rd Feb 201211:29 amRNSChange of Name
21st Feb 20124:09 pmRNSResult of AGM
17th Feb 20123:19 pmRNSHolding(s) in Company
2nd Feb 20123:32 pmRNSNotice of AGM and Correction to the Form of Proxy
25th Jan 201210:33 amRNSHolding in Company
24th Jan 20121:47 pmRNSHolding in Company
24th Jan 20121:25 pmRNSHolding in Company
24th Jan 20127:00 amRNSInvestment in Leed Petroleum plc
23rd Jan 20126:06 pmRNSHolding in Company
19th Jan 20125:13 pmRNSHolding in Company
19th Jan 20125:10 pmRNSHolding in Company
17th Jan 20126:17 pmRNSShare Price Movement
11th Jan 201212:32 pmRNSDirectorate Change
30th Dec 201112:22 pmRNSAnnual Financial Report
29th Dec 20116:30 pmRNSHolding(s) in Company
29th Dec 20116:30 pmRNSHolding(s) in Company
23rd Dec 20111:17 pmRNSFinal Results - Preliminary statement
22nd Dec 20114:40 pmRNSSecond Price Monitoring Extn

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.