Update: Application to join the SFS of the LSE

RNS Number : 5260F

Craven House Capital PLC

28 July 2016

 

28 July 2016

 Craven House Capital plc

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

Update: Application to join the Specialist Fund Segment of the London Stock Exchange's Main Market

The Company has been informed by its legal advisers that the London Stock Exchange will not be able to progress the Company's application to join the Specialist Fund Segment of the London Stock Exchange's Main Market.  The Company could not demonstrate to the London Stock Exchange that it met its eligibility criteria being that it is a highly specialised investment entity or that its shareholder base is only institutional, highly knowledgeable or professionally advised.

The dealings in the Company's shares on AIM were due to cease at close of markets on Friday 29 July 2016.  As it will not be moving to the Specialist Fund Segment of the London Stock Exchange, the Company's shares will continue to trade on AIM.  The Company is evaluating the most appropriate market for the Company's shares and is committed to delivering shareholder value through the implementation of its investment strategy.

Further announcements will be made in due course.
 

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For further information please contact:

Craven House Capital Plc Mark Pajak www.Cravenhousecapital.com	Tel:   [phone]
SI Capital Broker Nick Emerson www.sicapital.co.uk	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.

 

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