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AssetCo capital reorganisation approved

By BFN News | 02:43 PM | Monday 26 September, 2011

AssetCo's capital reorganisation and a one-for-1000 share consolidation have been approved by shareholders at a general meeting. The meeting approved the exchange of the subsidiary preference shares in consideration for the issue of 3.75 million new ordinary shares and a placing of 7 million new ordinary shares to raise £14m, before expenses. Story provided by

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