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General Capital Group PLC
28 November 2007
Press Release 28 November 2007
General Capital Group plc
("General Capital" or the "Company")
Purchase of Shares in Sabien Technology Group Plc
Further to the announcement made by the Company on 16 November 2007, General
Capital (AIM:GENC), the asset and venture finance specialist, announces that
General Capital Venture Finance Ltd, a wholly owned subsidiary of the Company,
has today acquired 250,000 ordinary shares of 5p each ('Sabien ordinary shares')
in the capital of Sabien Technology Group Plc ('Sabien') at a price of 50p per
Sabien ordinary share.
Following this purchase, General Capital now has an interest in 3,500,000 Sabien
ordinary shares representing approximately 13.2% of Sabien's issued ordinary
share capital. This purchase restores the Company's interest in Sabien to the
same level it was at prior to the sales by General Capital of Sabien ordinary
shares between January and April 2007 referred to in the announcement made by
the Company on 1 August 2007.
- Ends -
For further information:
General Capital Group plc
Mark Edworthy, Managing Director Tel: +44 (0) 1603 610610
Mark.edworthy@generalcapital.co.uk www.generalcapital.co.uk
Collins Stewart Europe Ltd
Mark Connelly / Adam Cowen Tel: +44 (0) 20 7523 8350
www.collins-stewart.com
Media enquiries:
Abchurch Communications Ltd
Heather Salmond / Franziska Boehnke Tel: +44 (0) 20 7398 7700
franziska.boehnke@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange