Result of GM

RNS Number : 2900O

Craven House Capital PLC

05 February 2016

 

5 February 2016

 Craven House Capital plc ("Craven House" or the "Company")

Result of General Meeting

Craven House Capital (AIM:CRV) is pleased to announce that all resolutions proposed at its General Meeting, which was held earlier today, were duly passed.

The resolutions approved an increase in the Company's authorised share capital and will allow the Company's Investment Manager to proceed with its plans to undertake a private placement in the Company's shares.

The Investment Manager is currently in advanced discussions with a number of prospective investors with regard to making a significant capital investment in the Company via a subscription for new ordinary shares. The terms of any capital investment are yet to be finalised and will be subject to the clearance of all applicable regulatory approvals both in the UK and overseas jurisdictions. 

There can be no guarantee that any capital investment in the Company will be made and further updates will be provided to the market in due course.

~ Ends ~

For further information please contact:

Craven House Capital Plc Alexandra Eavis Company Secretary www.Cravenhousecapital.com	Tel:   [phone]
SPARK Advisory Partners Limited Nominated Adviser Matt Davis/Mark Brady www.Sparkadvisorypartners.com	Tel:   [phone]

About Craven House Capital

Craven House Capital (AIM:CRV) is an investment company seeking deep value opportunities across the globe.  It seeks to create long-term shareholder value on a per share basis by deploying patient capital.  Craven House seeks to acquire real assets and operating companies that capable of generating steady cash flows.

 

END

 

 

ROMAKPDDABKDOBK