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Clerkenwell Ventures (CRK)


Wednesday 04 March, 2009

Clerkenwell Ventures

Completion of Proposals

RNS Number : 3393O
Clerkenwell Ventures PLC
04 March 2009

Clerkenwell Ventures Plc ('Clerkenwell Ventures')

Approval of reduction of capital plus Completion of Proposals


Clerkenwell Ventures announces that it has received High Court approval for the Reduction of Capital. This approval means for every Ordinary Share held at the Record Date a Shareholder will receive 32.1 pence in cash.  This amount is expected to be paid out during the week commencing 9 March

The final step of the Proposals is the Consolidation and this will take effect so that at 8.00am, on Monday, 9 March 2009 the New Ordinary Shares will be admitted to trading on AIM, under ticker code CRK, and with a new ISIN: GB00B3L0Q783.

All capitalised terms in this announcement have the meanings set out in the Company's Circular dated 9 January 2009.

For further information, please contact:


Clerkenwell Ventures PLC

Nicholas Wong, Company Secretary                      Tel: 0870 066 2099


Seymour Pierce Ltd 

Richard Feigen                                                     Tel: 0207 107 8000

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

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