Avarae Global Coins PLC Holding(s) in Company (6808N)
19 Mai 2015 - 5:15PM
UK Regulatory
TIDMAVR
RNS Number : 6808N
Avarae Global Coins PLC
19 May 2015
Avarae Global Coins plc
(the "Company")
Holding(s) in Company
The Directors of Avarae Global Coins plc (AIM: AVR.L), the UK's
only publicly traded company dedicated to investing in rare and
high quality coins, were today notified that following the sale of
13,100,000 ordinary shares of 1 pence each in the capital of the
Company ("Ordinary Shares") on 18 May 2015, Noble Investments (UK)
Ltd, a wholly owned subsidiary of Stanley Gibbons Group plc, no
longer holds any Ordinary Shares in the Company.
For further information on Avarae Global Coins plc, please
contact:
+44 (0)16 2461
Diane Clarke/Matt Wood 5614
Avarae Global Coins plc
+44 (0)20 7220
Adrian Hadden/James Bavister 1666
WH Ireland Ltd (nomad and broker)
Toby Hall
gth Media Relations Financial
PR +44 (0)7713 341072
Notes to editors:
Avarae Global Coins plc ("Avarae") provides access for
institutions and individuals wanting to diversify their investment
portfolios away from the traditional asset classes such as
equities, property and bonds without the need to be an expert in
the coin-collecting sector.
The Company's investment policy is to invest in rare, high
quality antique coins and coin collections from across the world.
It continues to build up an impressive portfolio of extremely high
quality, rare coins which it intends to hold both for the long-term
(i.e. 3 to 5 years), in order to achieve long-term capital growth
for our shareholders, and also the short-term, in order to take
advantage of short-term trading opportunities, as the market for
rare coins continues to grow.
A principal objective of the Company is to achieve long-term
capital growth through the appreciation in the value of the coins
acquired.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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