Purchase of Shares in Sabien Technology Group Plc
28 November 2007
Further to the announcement made by the Company on 16 November 2007, General Capital (AIM:GENC), the asset and venture finance specialist, announces that General Capital Venture Finance Ltd, a wholly owned subsidiary of the Company, has today acquired 250,000 ordinary shares of 5p each ('Sabien ordinary shares') in the capital of Sabien Technology Group Plc ('Sabien') at a price of 50p per
Sabien ordinary share.
Following this purchase, General Capital now has an interest in 3,500,000 Sabien ordinary shares representing approximately 13.2% of Sabien's issued ordinary share capital. This purchase restores the Company's interest in Sabien to the same level it was at prior to the sales by General Capital of Sabien ordinary shares between January and April 2007 referred to in the announcement made by the Company on 1 August 2007.
For Further Information:
| General Capital Group Plc |
|
| Mark Edworthy, Managing Director | Tel: +44 (0) 1603 610 610 |
| mark.edworthy@generalcapital.co.uk | www.generalcapital.co.uk |
| Collins Stewart Europe Ltd | |
| Chris Wells / Mark Connelly / Adam Cowen | Tel: +44 (0) 20 7523 8000 |
| mconnelly@collins-stewart.com acowen@collins-stewart.com |
www.collins-stewart.com |
Media Enquiries:
| Abchurch Communications | |
| Heather Salmond / Franziska Boehnke | Tel: +44 (0) 20 7398 7700 |
| franziska.boehnke@abchurch-group.com | www.abchurch-group.com |