ALF Group Holdings AG - Largest Shareholder Increases Interest and Declares Holdings
(firmenpresse) -
ALF Group Holdings AG - Largest Shareholder Increases Interest and Declares Holdings
Zurich (Switzerland), 13th October 2010 - ALF Group Holdings AG (ALF) have today received notification from Kingsley Finance Co. Limited (Kingsley), ALF’s largest Shareholder, that Kingsley:
- has agreed to acquire two parcels of approximately 4.3 million ALF shares and 4.0 million ALF shares from different investors. Both transactions are “off market”.
- is not a seller of ALF shares at the current range of market prices and that the above share acquisitions will increase its holdings in ALF by just under 5 percent.
- has agreed for ALF to publish their existing shareholding statement (51 million ALF shares - above mentioned purchase not included). The statement clearly shows that Kingsley has not been selling shares in ALF.
- has had discussions with BFT Custodians Pty Ltd (BFT), ALF’s second largest shareholder, and BFT has also agreed to have their shareholding statement (21 million ALF shares) published. This statement clearly shows that BFT has not been selling shares in ALF.
In addition to that, ALF wishes to confirm that the deposit for the initial purchase of 50 percent of the ALF Group Pty Ltd was lent to ALF by a shareholder and that these 8 million shares are currently held by ALF pending their return to the shareholder.
Altogether these three positions add up to a total of 80 million ALF shares. This is exactly the amount of shares (80 million) that ALF paid for the first 50 percent of the Australian ALF Group. The new shares that were previously approved by ALF shareholders as a payment for the second 50 percent of ALF have not been issued yet.
All three statements (Kingsley, BFT, ALF) are available on the ALF website (www.alfgroupag.com/investors/documents.html).
About ALF Group Holdings AG
ALF Group Holdings AG (ALF) wholly owns ALF Group Pty Ltd and its subsidiaries, which includes one of Australia’s largest litigation funders, and a corporate restructuring services company which also provides funding and debt and equity solutions. It is also an acquirer and developer of distressed assets.
To view:
- 2010 Interim Report:
http://www.alfgroupag.com/media/documents/Interim_Report.pdf
- Audited Accounts to 30th June 2010:
http://www.alfgroupag.com/media/documents/img-8131755-0001_pdf.pdf
- Some of ALFs projects:
http://www.alfgroupag.com/projects/australia/alf-property-1-pty-ltd.html
For further information please contact:
ALF Group Holdings AG
Level 29, Chifley Tower
2 Chifley Square
Sydney, NSW 2000
Australia
Telephone +61-2-9293-2500
Fax +61-2-9293-2930
Website: www.alfgroupag.com
E-mail: info(at)alfgroupag.com
Legal Disclaimer
This press release contains forward-looking statements based on beliefs of ALF management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of ALF Group Holdings AG as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. ALF disclaims any intention or obligation to update these forward-looking statements.
Leseranfragen:
Can Can Lingerie Holding AG
HEAD OFFICE
77-79 Anzac Parade
Kensington, 2033
Sydney, NSW, Australia
Ph: 02 9663 2842
Fax: 02 9663 2638
Email: reception(at)cancan.com.au
" alt="YALE ANNOUNCES DRILLING HAS STARTED AT GUADALUPEDatum: 13.10.2010 - 12:00 Uhr
Sprache: Deutsch
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