Trading Emissions PLC Completion of Sale of Solar Asset (8313J)
05 Aprile 2018 - 8:00AM
UK Regulatory
TIDMTRE
RNS Number : 8313J
Trading Emissions PLC
05 April 2018
Trading Emissions PLC
Completion of Sale of Solar Asset
Following the announcements made on 14 February, 16 February and
23 March 2018, Trading Emissions PLC (the "Company") is pleased to
confirm the completion of the sale of its remaining Italian solar
operating subsidiary, Solar Energy Italia 1 Srl.
The aggregate net proceeds from the sale, after allowing for
transaction and other costs, are estimated to be EUR 8.6 million,
equivalent, at the current exchange rate, to 3.01p per Share.
The Company was represented and advised in this transaction by
ValeCap Srl and Orrick, Herrington & Sutcliffe LLP.
The Company expects to announce a further distribution to
Shareholders in due course.
Enquires:
FIM Capital Limited +44 (0) 1624 681250
(Philip Scales)
Liberum Capital Limited +44 (0) 20 3100 2222
(Steve Pearce/Henry Freeman/Gillian Martin)
The Company's LEI is 213800UICZJWUHQCMM72.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISIIMJTMBMMBMP
(END) Dow Jones Newswires
April 05, 2018 02:00 ET (06:00 GMT)
Grafico Azioni Ft Tre (LSE:TRE)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Ft Tre (LSE:TRE)
Storico
Da Dic 2023 a Dic 2024
