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- Release Date: 23/07/12 13:39
- Summary: GENERAL: PGC: Perpetual Cash Management Fund Update
- Price Sensitive: No
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PGC
23/07/2012 11:39
GENERAL
REL: 1139 HRS Pyne Gould Corporation Limited
GENERAL: PGC: Perpetual Cash Management Fund Update
Notice to NZX
23 July 2012
Perpetual Cash Management Fund Update
The Perpetual Cash Management Fund was repaid in excess of $9 million by
Torchlight Fund No. 1 LP ("Torchlight Fund") last Thursday and Friday from
the proceeds of ongoing sales of real estate assets. These payments have
reduced the Torchlight Fund facility balance to under $3.5 million.
It is anticipated that this residual balance will be paid shortly.
Contact: David Lewis 021 976 119
Communications
End CA:00225174 For:PGC Type:GENERAL Time:2012-07-23 11:39:54
