Last checked at 1 Jul 2011 11:50
Tiger Resource Finance plc
Statement re potential return of capital
Tiger Resource Finance Plc ("the Company" or "Tiger") announces that its board of directors (the "Board") is currently considering a return of capital to shareholders. The Board is of the opinion that market conditions have dictated that the price of the Company's shares do not reflect the underlying value of the Company's investments and cash. In order to align the market value with the net asset value of the Company, the Board is assessing a return of capital to shareholders from Tiger's distributable reserves.
A further announcement regarding this proposed transaction will be made in due course.
For further information, please contact:
Tiger Resource Finance plc | |
Bruce Rowan, Chairman | Tel: +00 44 20 7486 3997 |
Raju Samtani, Director | Tel: +00 44 20 7581 4477 |
finnCap | Tel: +00 44 20 7600 1658 |
Corporate Finance - Matthew Robinson/Christopher Raggett | |
Corporate Broking - Joanna Weaving/Simon Starr |