TIDMARCH

RNS Number : 5948Y

ARC Capital Holdings Limited

24 December 2010

ARC Capital Holdings Limited

24 December 2010

ARC Capital Holdings Limited

Share Dealing

ARC Capital Holdings Limited ("ARCH" or the "Company") (AIM: ARCH) announces the following dealing in the Company's ordinary shares ("Ordinary Shares").

On 23 December 2010, ACP Trading Limited, a wholly-owned subsidiary of ARC Capital Partners Limited (the "Investment Manager"), the Company's investment manager, purchased a total of 2,027,046 of the Company's Ordinary Shares of US$0.01 each, at an average price of US$1.2775 per Ordinary Share. The shares were purchased to settle the Management Performance Fees, which have been outstanding since 30 June 2008, in accordance with the Investment Management Agreement.

As a result of this transaction, the Investment Manager is interested in 3,504,080 of the Company's Ordinary Shares which represents 0.82% of the Company's total voting rights.

Mr. Chris Gradel, a director of the Company, will have a direct interest in 2,162,176 Ordinary Shares and an indirect interest in 3,504,080 Ordinary Shares, representing 0.5% and 0.82% of the Company's total voting rights, respectively.

For more information, please contact:

 
 MANAGER:                      LEGAL COUNSEL: 
 Allan Liu, Managing Partner   Jon Lewis, General Counsel 
  c/o ARC Capital Partners      c/o Pacific Alliance Group 
  Limited                       16/F St. John's Building 
 13/F St. John's Building       33 Garden Road, 
  33 Garden Road,               Central, Hong Kong 
  Central, Hong Kong            T: (852) 2918 0088 
  T: (852) 3115 0243           F: (852) 2918 0881 
  F: (852) 3115 0244           jlewis@pacific-alliance.com 
  aliu@pacific-alliance.com 
----------------------------  ----------------------------- 
 BROKER:                       NOMINATED ADVISER: 
 Hiroshi Funaki                Philip Secrett 
 LCF Edmond de Rothschild      Grant Thornton Corporate 
  Securities                    Finance 
 T: (44) 20 7845 5960           T: (44) 20 7383 5100 
 F: (44) 20 7845 5961           Philip.J.Secrett@gtuk.com 
 funds@lcfr.co.uk 
----------------------------  ----------------------------- 
 INVESTOR RELATIONS:           MEDIA RELATIONS: 
 Chong Min Yi                  Stephanie Barry 
  Pacific Alliance Group        Pacific Alliance Group 
 T: (852) 3719 3319             T: (852) 3719 3375 
  cyi@pacific-alliance.com      sbarry@pacific-alliance.com 
                                Andrew Walton / Laura Pope 
                                Financial Dynamics, London 
                                T: (44) 20 7269 7100 
                                Christine Wood / Queenie 
                                Tsao 
                                Financial Dynamics, Asia 
                                T: (852) 3716 9800 
----------------------------  ----------------------------- 
 

About ARC Capital Holdings Limited

ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) is a closed-end investment company with net assets of US$626.8 million as at 30 November 2010. ARCH was admitted to trading on the AIM Market of the London Stock Exchange in June 2006. ARCH makes and holds investments in the retail, consumer goods and consumer services sectors, principally in China but also in neighboring Asian countries. Target investments include regional hypermarkets and supermarkets, dominant consumer brands, specialty retail chains, retail property assets and retail and consumer service providers.

For more information about ARCH, please visit: www.arch-fund.com

ARC Capital Holdings Limited is a member of Pacific Alliance Group ("PAG"), one of the leading Asian alternative investment managers. Founded in 2002, PAG manages funds covering private equity, real estate, hedge fund and distressed investments and has offices across Asia including Hong Kong, Shanghai, Beijing and Tokyo.

For more information about PAG, please visit: www.pacific-alliance.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLFELSULFSSEIE

Grafico Azioni Arc Capital (LSE:ARCH)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Arc Capital
Grafico Azioni Arc Capital (LSE:ARCH)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Arc Capital