TIDMTRC

RNS Number : 7136C

Trinity Capital PLC

24 January 2018

Trinity Capital PLC

Receipt of Disposal Proceeds

Trinity Capital PLC (the "Company") (AIM: TRC) is pleased to announce that, following the announcement made on 10 November 2017, its wholly owned subsidiary, Trinity Capital Mauritius Limited ("TCML") has received from Trinity Capital (Ten) Limited ("TC-10") an amount of GBP1.7 million. These monies constitute the proceeds from the disposal of TCML's last remaining investment in India, which had been held through TC-10.

Consistent with previous announcements, the Board intends to convene shareholder meetings as soon as practicable to seek approval to distribute substantially all of the Company's remaining cash not required to meet operating costs and liabilities, cancel the admission to trading of the Company's shares on AIM and appoint a liquidator of the Company. A circular including notices convening the necessary general meetings, will be sent to shareholders in due course.

This announcement contains insider information for the purposes of the Market Abuse Regulation ("MAR").

Enquiries:

 
 FIM Capital Limited 
 Graham Smith                    +44 1624 681250 
 
 Arden Partners 
 Nominated Adviser and Broker 
                                  +44 207 614 
 Chris Hardie                      5900

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 24, 2018 02:00 ET (07:00 GMT)

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