Business
Sale of Agricultural Assets - Update
Sale of Agricultural Assets - Update.
About this update from Beacon Energy Plc
[{"type":"text","content":"\n \nRNS Number : 9424N Clean Energy Brazil PLC 13 September 2013 \n \n\nClean Energy Brazil PLC\n(\"CEB\" or the \"Company\")\n \nSale of Agricultural Assets - update\n \nFurther to the previous announcements made by Clean Energy Brazil plc (\"CEB\") relating to the sale of CEB's entire interest in Unialco M/S to Unialco S/A, CEB is pleased to announce that following an installment payment made on 12 September 2013, the total amount received to date is USD $15.58 million. Approximately USD $2.16 million of installment payments are still outstanding with last payment due by 15 October 2013. \nOur current cash position is approximately USD $8.1 million. We intend to continue to closely monitor our costs and return excess capital to shareholders.\n \nFurther enquiries:\nIOMA Fund & Investment Management Limited (Administrator)\nPhilip Scales Tel: +44 (0)1624 681250 \n \nN+1 Singer \nJames Maxwell/Nick Donovan Tel: +44 (0) 20 7496 3000 \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCVXLBFXKFXBBD\n ","length":2844,"tagName":"div"}]