Placing Proceeds
September 05 2007 - 6:45AM
UK Regulatory
RNS Number:3395D
Equable Properties PLC
05 September 2007
For Immediate Release
3 September 2007
Equable Properties plc ('the Company')
Placing Proceeds
Further to earlier announcements, the board of Equable announces that #50,000,
received earlier in payment for shares in respect of which payment had been
delayed, has been repaid by the Company. The repayment has been made on the
understanding that this amount, together with the remaining #150,000 still
outstanding, will be received shortly.
An announcement will be made as soon as funds have been received.
Pending receipt of the funds, the Board is confident that the Company has
adequate working capital to meet its obligations and continue normal operations.
For further information:
Desmond Bloom
Equable Properties plc 07793 125 625
Nominated Adviser
Marc Cramsie
Nabarro Wells & Co. Limited 020 7710 7400
This information is provided by RNS
The company news service from the London Stock Exchange
END
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