StockMarketWire.com - CAP has signed heads of agreement with investors who intend to inject new capital into the company which will be reclassified as an investment vehicle.
The proposals, which require approval from shareholders and the holders of 8% convertible unsecured loan notes, will result in the unwinding of CAP's relationships with CSV Holdings.
PLUS Stock Exchange has agreed to extend the suspension in trading of the company's ordinary shares pending completion of the proposals.
Story provided by StockMarketWire.com
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