22 Mar 2012 15:06
RNS Number : 8996Z
Better Capital PCC Limited
22 March 2012
BETTER CAPITAL PCC LIMITED 2009 Cell 22 March 2012
Better Capital PCC Limited is pleased to report that BECAP Fund LP has received a second repayment of £10 million from its investee company, BECAP Spicers (UK) Limited, thus enabling it to reduce its commitment to the Spicers group from £40 million to £20 million.
The business is trading to plan and the investment and restructuring initiatives are continuing.
Enquiries:
Better Capital PCC Limited +44 (0)1481 716 000
Mark Huntley (Director)
Laurence McNairn (Administrator and Company Secretary)
Better Capital LLP +44 (0)20 7440 0840
Nick Sanders (Head of Portfolio)
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