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CIP Merchant Capital (CIP)

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Thursday 09 August, 2018

CIP Merchant Capital

Further Investment in Orthofix

RNS Number : 3783X
CIP Merchant Capital Ltd
09 August 2018
 

9 August 2018

 

CIP MERCHANT CAPITAL LIMITED

("CIP Merchant Capital" or the "Company")

 

Further Investment in Orthofix

 

CIP Merchant Capital is pleased to announce that, further to the announcement of 16 July 2018, it has acquired a further 9,500 shares in Orthofix Medical Inc (formerly Orthofix International N.V.) ("Orthofix") (the "Further Shares") for a total consideration of approximately US$0.5 million.

 

Following the acquisition of the Further Shares, CIP Merchant Capital is now interested in 94,500 shares of Orthofix.

 

 

 

For further information, please contact:

 

Merchant Capital Manager Limited (Investment Manager)

Marco Fumagalli

Carlo Sgarbi

 

+41 91 225 25 60

Strand Hanson Limited (Financial & Nominated Adviser and Broker)

Richard Tulloch / James Bellman

+44 20 7409 3494

 

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.


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 [email protected] or visit www.rns.com.
 
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