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1 Jul 2013 09:35
RNS Number : 2531I
Rapid Realisations Fund Limited
01 July 2013
1 July 2013
Rapid Realisations Fund Limited ("RRF")
Write down of investment
Rapid Realisations Fund Limited (AIM: RRF) announces that it has written down in full its stake in Taylormade Betting Limited ("Taylormade"), an independent UK bookmaker, following a period of very challenging trading conditions for the company. The carrying value of RRF's holding in Taylormade at 31 March 2013 was approximately £250,000.
For further information:
Rapid Realisations Fund Limited Rhys Davies |
+41 (0) 79 620 0215 |
N+1 Singer James Maxwell / Nick Donovan |
+44 (0) 20 7496 3000 |
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