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Company Update

7 Feb 2019 13:48

RNS Number : 4091P
Tau Capital PLC
07 February 2019
 

 

7 February 2019

 

Tau Capital plc

("Tau" or the "Company")

 

 

Company Update

 

Further to the announcement made on 1 February 2019, the Company announces that it has reached agreement in principle with Peterhouse Capital Limited to undertake an equity fundraising which will enable the company to meet its ongoing solvency requirements in accordance with the Isle of Man 2006 Company Act.

The Company then intends to undertake a capital distribution, based on the Net Asset Value of the Company, to be made to all shareholders.

A Circular, with details of the proposed transaction, and convening an Extraordinary General Meeting will be issued and a further announcement made as soon as possible.

Further information, please contact:

 

FIM Capital Limited

Philip Scales

 

Tel: +44 (0) 1624 681250

 

 

Allenby Capital Limited (Nominated Adviser and Joint Broker)

John Depasquale / Alex Brearley

 

 

Peterhouse Capital Limited (Joint Broker)

Lucy Williams / Eran Zucker

 

Tel: +44 (0) 203 328 5656

 

 

 

Tel: +44 (0) 207 469 0933

 

 

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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29th Nov 20124:28 pmRNSCorrection to Net Asset Value
27th Nov 20127:00 amRNSMonthly Activity Report
19th Nov 201211:38 amRNSInvestor Presentations
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28th Sep 20127:00 amRNSHalf Yearly Report
21st Sep 201212:24 pmRNSMarket update
17th Sep 201212:25 pmRNSMonthly Activity Report
13th Sep 201212:01 pmRNSMarket Update
11th Sep 20129:17 amRNSNet Asset Value(s)
29th Aug 20127:00 amRNSShare Buy-back
28th Aug 20129:32 amRNSMonthly Activity Report
10th Aug 20123:50 pmRNSNet Asset Value(s)
3rd Aug 201210:32 amRNSShare Buy-back
3rd Aug 201210:20 amRNSHolding(s) in Company
26th Jul 201211:29 amRNSShare Buy-back
25th Jul 20127:00 amRNSResult of AGM & Appointment of Directors
19th Jul 201211:00 amRNSMonthly Activity Report
4th Jul 20124:23 pmRNSNet Asset Value(s)
29th Jun 20125:33 pmRNSNotice of AGM
25th Jun 20124:07 pmRNSWithdrawal of requisition
18th Jun 20127:00 amRNSMonthly Activity Report
15th Jun 20122:56 pmRNSNet Asset Value(s)
15th Jun 20121:59 pmRNSDirectorate Change
1st Jun 20124:25 pmRNSAnnual Financial Report
1st Jun 20127:00 amRNSEGM requisition
28th May 201212:15 pmRNSInvestor Presentations
14th May 20123:00 pmRNSMonthly Activity Report
14th May 201210:09 amRNSNet Asset Value(s)
10th May 201210:00 amRNSInvestment Update
4th May 20127:00 amRNSFinal Results
3rd May 201210:09 amRNSMonthly Activity Report
2nd May 20121:31 pmRNSInvestment Update
19th Apr 201211:23 amRNSShare Buy-back
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