Business
Re. CCC Liquidation
Re. CCC Liquidation.
About this update from Btg Consulting Plc
[{"type":"text","content":"\n Begbies Traynor Group PLC\n18 March 2008\n\n18 March 2008\n\n Begbies Traynor Group plc\n\n Re: Carlyle Capital Corporation liquidation\n\nBegbies Traynor Group plc, the specialist professional services organisation,\ntoday makes the following announcement in respect of Carlyle Capital Corporation\nLimited ('CCC' or 'the Company').\n\nCCC, a publicly-listed company on Euronext Amsterdam N.V., has been placed into\nliquidation having announced on 16 March 2008 that shareholders had voted\nunanimously in favour of a compulsory winding up proceeding under the Companies\nLaw in the Royal Court of Guernsey.\n\nChris Morris, Neil Mather, Alan Roberts and Adrian Rabet of Begbies Traynor have\nbeen appointed joint liquidators and are commencing their investigations into\nthe Company's affairs with a view to assessing its assets and liabilities so\nthat an orderly winding up can be achieved.\n\n\n - Ends -\n\n\nFor further information, please contact: www.begbies-traynorgroup.com\n\nBegbies Traynor Group plc 0161 837 1700\nRic Traynor, Executive Chairman\nJohn Gittins, Chief Financial Officer\n\nShore Capital & Corporate Limited 020 7408 4090\nGuy Peters\n\nSmithfield 020 7360 4900\nReg Hoare/Katie Hunt/Will Henderson\n\n\nNotes to editors:\n\nAbout Begbies Traynor Group:\nBegbies Traynor Group plc is a specialist professional services organisation\nproviding independent professional advice and solutions to businesses, financial\ninstitutions, the accountancy professions and individuals in the areas of\ncorporate finance, recovery, investigation, risk management, commercial finance\nand specialist tax advice. It is listed on AIM (Ticker: BEG.L).\n\nCarlyle Capital Corporation\nCCC is a closed-end investment fund domiciled and registered as a limited\ncompany under the laws of Guernsey, Channel Islands. CCC invested in a\ndiversified portfolio of fixed income assets including high-grade mortgages and\ncredit products.\n\nThe Company completed its initial global offering in July 11, 2007, raising net\nproceeds of approximately $322 million. After giving effect to the net proceeds,\npro forma total equity at June 30, 2007 was approximately $880 million. The\nportfolio of available for sale financial assets at June 30, 2007 was $22.7\nbillion.\n\n\n\n This information is provided by RNS\n The company news service from the London Stock...