TIDMGRIT

RNS Number : 2191X

Global Resources Investment Tst PLC

17 December 2019

17 December 2019

Global Resources Investment Trust Plc

Update

Global Resources Investment Trust Plc ("GRIT") has been advised by Anglo African Minerals plc ("AAM") that negotiations between Makar Navis and AAM regarding the sale of the company, as described in our announcement of 30 August 2019, have been terminated.

AAM has informed GRIT that discussions with other interested parties continue and that it is in the process of appointing advisors to help devise an appropriate strategy to realise the value in AAM.

Whilst GRIT remains hopeful of concluding a transaction in respect of its holding in AAM, it is also examining other opportunities and would hope to be in a position to update the market in the near future.

Martin Lampshire

Steve Roberts

James Normand

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

December 17, 2019 11:19 ET (16:19 GMT)

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