Update on asset sale (5936B)
18 Aprile 2012 - 1:03PM
UK Regulatory
TIDMOTM
RNS Number : 5936B
Ottoman Fund Limited (The)
18 April 2012
the OTTOMAN FUND LIMITED
Update on Asset Sale
Further to the announcements released on 5 April 2011 and 13
January 2012, The Ottoman Fund Limited (the "Company") is pleased
to announce the completion of the sale of its entire interest in
the Kazikli joint venture for a total consideration of USD$9.5
million in cash. The sale concluded on 18 April 2012.
In accordance with the Company's policy, all excess cash will be
returned to shareholders. A further announcement will follow.
Enquiries
Singer Capital Markets
James Maxwell 020 3205 7500
Company Secretary
Vistra Fund Services Limited 01534 504700
This information is provided by RNS
The company news service from the London Stock Exchange
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