Termination of Contract
January 21 2009 - 2:00AM
UK Regulatory
TIDMLBR
RNS Number : 9714L
Libertas Capital Group PLC
21 January 2009
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| For immediate release | 21 January 2009 |
+------------------------------------+------------------------------------+
LIBERTAS CAPITAL GROUP PLC
("Libertas Capital" or "the Company")
Termination of Avis Energy Contract
Libertas Capital (AIM: LBR), the financial services group, notes that on 24th
December 2008 a strategic alliance and convertible loan note issue was announced
with the Avis Energy group of companies ("Avis Energy"). Avis Energy has failed
to provide any funds and accordingly this agreement has been cancelled. The
Company is in advanced talks with another investor regarding a new financing
package.
For further information please contact:
Libertas Capital Group plc +44 (0) 20 7569 9650
Jakob Kinde, Executive Chairman
Tim Murray, Chief Executive Officer
Buchanan Communications +44 (0) 20 7466 5000
Charles Ryland / Mary Jane Johnson
Notes to Editors
About Libertas Capital Group plc
Libertas Capital is an international financial services firm offering its
clients a full range of dedicated independent Corporate Finance Advisory,
Research and Distribution services.
Corporate finance services include investment bankers with substantial depth of
European/international M&A and general corporate finance experience, as well as
entrepreneurs and industrial professionals with extensive experience and
expertise in their particular fields, having completed in excess of US$100
billion in transactions.
In our research and distribution services we offer our clients a dedicated
research capability with deep industry knowledge in our core sectors -Renewable
Energy and Waste to Energy, Energy & Natural Resources, Real Estate and
Technology & Telecoms. Our extensive distribution network covers UK, European,
Asian, Middle Eastern and US institutional clients.
Our business is based on core values and strengths which we believe both
differentiate Libertas Capital from its competitors and give us a competitive
advantage. We aim to provide a high level of customer service that will result
in long term client relationships based on the principles of openness,
innovation and creativity.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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