Brief: General Capital Borneo Sold Shares, Which Represented 0.06% Of Shares On Issue, Which Were Subject Of Potential Breach
Aug 9 (Reuters) - General Capital Ltd GEN.NZ :
* HAD BECOME AWARE OF POTENTIAL BREACH OF TAKEOVERS CODE
FOLLOWING
PURCHASE OF SHARES ON 14 AND 15 JUNE BY BORNEO CAPITAL
* UNDERSTOOD BORNEO WOULD BE DIVESTING ITSELF OF SHARES
MISTAKENLY
PURCHASED
* TAKEOVERS PANEL DECIDED NOT TO TAKE FURTHER ACTION AT THIS
TIME
* BORNEO HAS SOLD SHARES, WHICH REPRESENTED 0.06% OF SHARES
ON
ISSUE WHICH WERE SUBJECT OF POTENTIAL BREACH
Further company coverage: GEN.NZ
((Reuters.Briefs@thomsonreuters.com;))
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