Regulatory Filings • Feb 1, 2013
Regulatory Filings
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National Storage Mechanism | Additional information
RNS Number : 8731W
GCM Resources PLC
01 February 2013
1st February 2013
GCM Resources plc
(the "Company" or "GCM Resources")
(AIM:GCM)
Sale of investment
GCM Resources plc ("GCM" or the "Company"), a London based resource exploration and development company, announces that its investment in Polo Resources Limited was sold yesterday.
The 74.8 million shares held in Polo Resources representing 2.7% were sold as one block to a Malaysian based investor, realising £1.9m. GCM has made a total return including dividends amounting to £2.8 million on its original investment.
For further information:
| GCM Resources plc Gerard Holden Non-Executive Chairman +44 (0) 20 7290 1630 |
Pelham Bell Pottinger Lorna Spears / Joanna Boon +44 (0) 20 7861 3232 |
| J.P. Morgan Cazenove Nominated Adviser Michael Wentworth-Stanley +44 (0) 20 7588 2828 |
Investec Investment Banking Chris Sim +44 (0) 20 7071 4300 |
| GCM Resources plc | |
| Tel: +44 (0) 20 7290 1630, Fax: +44 (0) 20 7290 1631 | |
| [email protected]; www.gcmplc.com |
This information is provided by RNS
The company news service from the London Stock Exchange
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