Brief: Ediston Property Investment Company Says Unlikely To Be Able To Raise New Capital In Short Or Medium Term

Ediston Property Investment

16/03/2023 07:33

March 16 (Reuters) - Ediston Property Investment Company PLC
 EPICE.L :
    * STRATEGIC REVIEW
    * COMPANY REMAINS OF A SIZE WHICH MIGHT DETER SOME POTENTIAL
INVESTORS
    * BOARD HAS CONCLUDED THAT IT IS UNLIKELY TO BE ABLE TO
RAISE NEW
CAPITAL IN SHORT OR MEDIUM TERM
    * UNDERTAKING A STRATEGIC REVIEW
    * WILL CONSIDER ALL OPTIONS AVAILABLE TO COMPANY THAT OFFER
MAXIMUM VALUE FOR ITS SHAREHOLDERS
    * NO CERTAINTY THAT ANY CHANGES WILL RESULT FROM STRATEGIC
REVIEW
    * COMPANY IS NOT IN DISCUSSIONS WITH, NOR IN RECEIPT OF ANY
APPROACH FROM, ANY POTENTIAL OFFEROR

Source text for Eikon:  ID:nRSP1405Ta 
Further company coverage:  EPICE.L 

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