1 Sep 2014 07:00
RNS Number : 4558Q
Better Capital PCC Limited
01 September 2014
1 September 2014
Better Capital PCC Limited
(the "Company")
The Board has been informed that BECAP Fund LP ("Fund I") has acquired the debt and equity positions previously held by the Royal Bank of Scotland plc. in the Fairline Boats group ("Fairline").
Fund I has committed up to £7.1 million to effect this acquisition and to support the final stages of Fairline's operational restructuring.
Enquiries:
Better Capital PCC Limited +44 (0)1481 716 000
Jon Moulton (Director)
Laurence McNairn (Administrator and Company Secretary)
Better Capital LLP +44 (0)20 7440 0840
Mark Aldridge (CEO)
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