CVI 0.00% 0.3¢ cvi energy corporation limited

So, Global, Kent and Saphi have sold down CVI.Oh, what to do...

  1. 9,445 Posts.
    So, Global, Kent and Saphi have sold down CVI.
    Oh, what to do with the money now. Surely they wouldn’t abandon our dear Fortitude.

    Wasn’t Fortitude looking for an AIM /PLUS listing?
    Have they found it? Is this it?
    ...................


    Worldwide Natural Resources Plc ("Worldwide" or the "Company")
    Issue of equity

    The Company announces that on the 13 August 2009 has issued and allotted 60,000,000 new Ordinary Shares in the Company at 0.5p per shares for a net consideration of £270,000 (gross £300,000).

    The following new relevant shareholders are:

    Global Investment Strategy UK Limited: 16m shares
    Global Investment Strategy UK Limited is owned by Mr J Gunn.

    Kent Finance Limited: 20m shares
    Kent Finance Limited is owned by Mr Bengt Hornberg

    Saphi Asset Management Limited: 20m shares
    Saphi Asset Management Limited is owned by Ian Van Stratum

    Following the issue of equity above the issued share capital of the Company comprises 167,833,333 Ordinary Shares of 0.5 pence.

    The Board of Worldwide has raised this new capital in order to pursue the due diligence of a new acquisition that has been identified.
    End

    http://www.plusmarketsgroup.com/PLUS_news_story.shtml?NewsID=556327&ISIN=GB00B0NBKQ55/GBX/PLUS-exn

    .......................

    So, IF it is Fortitude ... Would they buy the 54% appx that CVI does not own or would they buy the 46% appx. that CVI does own?


 
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