Northern Inv. Co PLC Portfolio Update
January 14 2014 - 6:00AM
UK Regulatory
TIDMNRI
14 JANUARY 2014
NORTHERN INVESTORS COMPANY PLC
PORTFOLIO UPDATE
Further to the announcement made on 17 December 2013, Northern Investors
Company PLC ("Northern Investors") confirms that the sale of its
investment in Denara Holdings Limited ("Denara") to Nasstar plc
("Nasstar") was duly completed on 10 January 2014.
Northern Investors has received total consideration of GBP1.70 million
for its holding of ordinary shares in Denara, comprising GBP1.27 million
in cash and 8,593,767 new ordinary shares of 1p in Nasstar with a value
(at the deemed issue price of 5p per share) of GBP0.43 million.
For further information, please contact:
Northern Investors Company PLC
Nigel Guy/Christopher Mellor 0191 244 6000
Oriel Securities
Neil Winward 020 7710 7600
Neither the contents of the NVM Private Equity Limited website nor the
contents of any website accessible from hyperlinks on the NVM Private
Equity Limited website (or any other website) is incorporated into, or
forms part of, this announcement.
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Northern Investors Co PLC via Globenewswire
HUG#1754574
http://www.nvm.co.uk/investorarea/northern_investors_company_plc.php
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