Craven House Capital PLC Result of GM (2900O)

TIDMCRV

RNS Number : 2900O

Craven House Capital PLC

05 February 2016

5 February 2016

Craven House Capital plc ("Craven House" or the "Company")

Result of General Meeting

Craven House Capital (AIM:CRV) is pleased to announce that all resolutions proposed at its General Meeting, which was held earlier today, were duly passed.

The resolutions approved an increase in the Company's authorised share capital and will allow the Company's Investment Manager to proceed with its plans to undertake a private placement in the Company's shares.

The Investment Manager is currently in advanced discussions with a number of prospective investors with regard to making a significant capital investment in the Company via a subscription for new ordinary shares. The terms of any capital investment are yet to be finalised and will be subject to the clearance of all applicable regulatory approvals both in the UK and overseas jurisdictions.

There can be no guarantee that any capital investment in the Company will be made and further updates will be provided to the market in due course.

Ends

For further information please contact:

 
 Craven House Capital Plc          Tel: 020 7002 1027 
  Alexandra Eavis 
  Company Secretary 
  www.Cravenhousecapital.com 
  SPARK Advisory Partners           Tel: 0203 368 3550 
   Limited 
   Nominated Adviser 
   Matt Davis/Mark Brady 
   www.Sparkadvisorypartners.com

About Craven House Capital

Craven House Capital (AIM:CRV) is an investment company seeking deep value opportunities across the globe. It seeks to create long-term shareholder value on a per share basis by deploying patient capital. Craven House seeks to acquire real assets and operating companies that capable of generating steady cash flows.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 05, 2016 11:20 ET (16:20 GMT)

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