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Pin to quick picksTrading Emissions PLC Regulatory News (TRE)

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Share Price: 18.812
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Change: -0.038 (-0.20%)
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Disposal of Investment

5 Dec 2012 07:00

RNS Number : 7337S
Trading Emissions PLC
05 December 2012
 

 

Trading Emissions PLC

 

("TEP" or "the Company") 

 

Disposal of Investment

 

Trading Emissions Plc is pleased to announce that, in line with its current investment policy, the Company has disposed of its holding in Chapel Street Environmental LP for USD 4 million, equivalent to approximately GBP 2.5 million. This compares with a carrying book value in the last audited financial statements at 30 June 2012 of GBP 2.3 million and brings the aggregate proceeds received from Chapel Street Environmental LP during 2012 to approximately GBP 3.7 million.

 

 

 

 

 

For further information please contact:

 

EEA Fund Management Limited

+44 (0)20 7553 2361

Simon Shaw, Investment Adviser to TEP

Liberum

+44 (0)20 3100 2222

Steve Pearce/Tom Fyson

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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