RRF Rolls-royce Fp

TIDMRRF

RNS Number : 2531I

Rapid Realisations Fund Limited

01 July 2013

1 July 2013

Rapid Realisations Fund Limited ("RRF")

Write down of investment

Rapid Realisations Fund Limited (AIM: RRF) announces that it has written down in full its stake in Taylormade Betting Limited ("Taylormade"), an independent UK bookmaker, following a period of very challenging trading conditions for the company. The carrying value of RRF's holding in Taylormade at 31 March 2013 was approximately GBP250,000.

For further information:

 
 Rapid Realisations Fund Limited 
  Rhys Davies                         +41 (0) 79 620 0215 
 N+1 Singer 
  James Maxwell / Nick Donovan        +44 (0) 20 7496 3000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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