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Pearl Grp Hld (No.1) (36RW)

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Monday 29 June, 2009

Pearl Grp Hld (No.1)

Liberty Acquisition Holdings

RNS Number : 6386U
Pearl Group Holdings (No.1) Ltd
29 June 2009
 

The Pearl Group announced on 8 April 2009 that it was in advanced discussions to raise £500 million new equity from investors and restructure its capital subject to agreement with its lenders, approval of the FSA and certain other conditions. 

Liberty Acquisition Holdings (International) Company ('Liberty International') today announced that it had signed definitive agreements with the Pearl Group and that it would shortly post a proxy statement on its website calling for an Extraordinary General Meeting of its shareholders in the second half of July to consider and vote upon its proposals and various related matters.  Further information on the proposed transaction is available on Liberty International's website, www.libertyacquisitionholdingsinternational.com.


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