Business

Disposal

Disposal.

articleCrimson Tide PlcFebruary 8, 20063/company/crimson-tide-plc/news/disposal-147
Disposal

About this update from Crimson Tide Plc

[{"type":"text","content":"\n Cohen(A.) & Co PLC\n08 February 2006\n\n\n\n\nFOR IMMEDIATE RELEASE 8 February 2006\n\n A. COHEN & CO PLC ('A Cohen' or the 'Company')\n\n DISPOSAL OF INVESTMENT\n\nThe Board announces that they have negotiated the sale of their investment of\n24.5% in ROO Media Europe Ltd ('RME') to ROO Group Inc ('ROOG') for a cash\nconsideration of £50,000 prior to costs. RME is a supplier of internet and\nbroadband media, and is a subsidiary of ROOG, a company listed on NASDAQ. A\nCohen has not derived any income or revenue from RME and it has written down\nthis investment in its books to nil.\n\nThe proceeds of the disposal will be used for general working capital purposes.\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1046,"tagName":"div"}]

More updates from Crimson Tide Plc