Statement Concerning Rivington Street Holdings (1726F)
12 Juin 2012 - 11:39AM
UK Regulatory
TIDMDESC
RNS Number : 1726F
Designcapital PLC
12 June 2012
12 June 2012
designcapital plc (AIM: DESC)
("designcapital" or "the Company")
Statement Concerning Rivington Street Holding plc ("RSH
plc")
The Board of designcapital notes the announcement published by
Rivington Street Holdings Plc, on June 8(th) 2012, concerning a
letter of guarantee issued by T1ps Investment Management Limited
("TIMS") for the benefit of the Company on December 23(rd) 2011,
and valid until December 31(st) 2012.
designcapital does not accept that this guarantee is not binding
on TIMS, and confirms that it has not released TIMS from any of the
obligations of the letter of guarantee.
T1ps Small Company Growth Fund, a fund managed by TIMS until end
of May 2012, today holds 4.73% of our issued equity.
- ENDS -
Enquiries:
Contact:
designcapital Plc
Mike Hosie
+44 (0) 20 7554
Frederic Bobo 8555
Libertas Capital Corporate
Finance Limited
Tim Cofman
Sandy Jamieson +44 (0) 2075699650
This information is provided by RNS
The company news service from the London Stock Exchange
END
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