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BRIEF-Global Asset Management Says To Sell 27 Pct Shares In Plastics Green Energy
December 1, 2017 / 12:59 PM / 11 days ago

BRIEF-Global Asset Management Says To Sell 27 Pct Shares In Plastics Green Energy

Dec 1 (Reuters) - GLOBAL ASSET MANAGEMENT LIMITED:​

* UNIT ENTERED SALE OF SHARES AGREEMENT WITH ARC FUND ON AFRICAN RAINBOW CAPITAL

* GLOBAL ASSET MANAGEMENT LTD - ‍CONSIDERATION PAYABLE FOR 27% DISPOSAL IS R12.7MLN, WHICH IS PAYABLE IN CASH​

* DEAL NOT EXPECTED TO HAVE MATERIAL IMPACT ON COMPREHENSIVE INCOME, NET ASSET VALUE OF GLOBAL Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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