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ARC Capital Holdings (ARCH)

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Tuesday 24 December, 2013

ARC Capital Holdings

Update: Mandatory Share Repurchase

RNS Number : 3253W
ARC Capital Holdings Limited
24 December 2013
 



24 December 2013

 

 

ARC Capital Holdings Limited

 

 Update: Mandatory Share Repurchase

 

ARC Capital Holdings Limited ("ARCH" or the "Company") (AIM: ARCH), the AIM-traded closed-end investment company, announces that further to its announcement of 16 December 2013 regarding the distribution of US$30 million to shareholders by way of a mandatory share repurchase, the Company has repurchased and cancelled 34,090,905 (approximately 11.5 per cent) of the Company's ordinary shares leaving a total of 261,082,738 ordinary shares issued and outstanding.

 

 

For more information, please contact:

 

MANAGER:

Rachel Chiang, Managing Partner

ARC Capital Partners Limited

T: (852) 2918 0088

F: (852) 2918 0881

[email protected] 

 

NOMINATED ADVISER:

Philip Secrett

Grant Thornton UK LLP

T: (44) 20 7383 5100

[email protected]

BROKER:

Numis Securities Limited

David Benda / Hugh Jonathan

T: (44) 20 7260 1000

F: (44) 20 7260 1001

[email protected]

 

 

MEDIA RELATIONS:

Stephanie Barry

T: (852) 3719 3375

[email protected]

 

INVESTOR RELATIONS:

Chong Min Yi

T: (852) 3719 3319

[email protected]

 

 

About ARC Capital Holdings Limited

 

ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) is a closed-end investment company with net assets of US$262.7 million as at 30 September 2013.  ARCH was admitted to trading on the AIM Market of the London Stock Exchange in June 2006.  ARCH holds investments in the retail, consumer goods and consumer services sectors, principally in China.

 

For further information about ARC Capital Holdings Limited, please visit: www.arch-fund.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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