20 Sep 2019 07:00
Global Resources Investment Trust PLC
LEI: 2138005OJKGWG3X4SY51
20 September 2019
GLOBAL RESOURCES INVESTMENT TRUST PLC
("GRIT" or the "Company")
Sale of shares in investee company
Further to the announcement of 15 August 2019, the Company is pleased to announce that the proposed sale of the 430,000,000 ordinary shares in Kalia Limited in an off-market transaction for gross proceeds of £225,000 has completed.
Following the sale, the Company continues to hold 50,000,000 ordinary shares in Kalia Limited with a market value of approximately £28,000.
For further information:
Global Resources Investment Trust Plc (www.grit.london)
Martin Lampshire, Executive Director +44 (0) 203 1982554
Beaumont Cornish Limited (financial adviser) +44 (0) 207 628 3396
Roland Cornish / Felicity Geidt
Peterhouse Capital Limited (sole broker) +44 (0)20 7469 0930
Lucy Williams / Duncan Vasey
Grit Inv Tst (GRIT)