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Taliesin Property Fd (TPF)

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Friday 06 July, 2012

Taliesin Property Fd

Result of Placing

RNS Number : 1015H
Taliesin Property Fund Limited
06 July 2012

For immediate release on 6 July 2012


Taliesin Property Fund Limited


Result of placing



The Board of Taliesin is pleased to announce today that pursuant to the authority granted at the EGM held on 7 March 2012 the Fund has placed 74,074 new Ordinary Shares at Eur 13.50 each with certain institutional and other investors raising gross proceeds of approximately Eur 1m.

An application has been made for the Placing Shares to be admitted to trading on AIM and it is expected that admission will take place at 8.00 a.m. on 12 July 2012.


Following admission, the Company's issued share capital and total voting rights will comprise 3,873,312 Ordinary Shares. In addition, 10,000 Ordinary Shares are currently held in treasury.



Terms used and not defined in this announcement bear the meaning given to them in the circular dated 20 February 2012.




For further information, please contact:


Taliesin Property Fund Limited

Mark Smith, Director 01534 700 000


Westhouse Securities Limited

Alastair Moreton / Hannah Young 020 7601 6118


This information is provided by RNS
The company news service from the London Stock Exchange