24 February 2015
Kuala Limited
("Kuala" or the "Company")
Statement re: Share Price Movement
The board of directors of Kuala (the "Board") notes the recent increase in the Company's share price. The Board confirms that, while it has been actively pursuing potential investment opportunities in accordance with the Company's investing policy as approved by shareholders on 12 November 2014, none of these discussions have resulted in any agreement to complete an investment nor are any discussions at an advanced stage. Accordingly, the directors confirm that they are not aware of any specific reason for such a share price movement.
-ends-
For further information please visit www.kualalimited.com or contact:
Kuala Limited Elysium Fund Management Limited
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Tel: Tel: +44 1481 810 100 |
RFC Ambrian Limited (Nomad and Joint Broker) Samantha Harrison
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Tel: +44 (0) 20 3440 6800 |
Peterhouse Corporate Finance Limited (Joint Broker) Guy Miller / Lucy Williams
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Tel: +44 (0) 20 7469 0930 |