CIC Services announce the appointment of Computershare Investor Services to act as share registrar
Update on Share Distribution
CIC Capital Fund Ltd (Canada formerly listed on AIM "CIC Investment") will distribute by way of an in specie dividend to all Shareholders on its register on the record date the same number of shares in CIC Services as they currently hold in CIC Investment (the " Distribution").
The Record Date is 5 January 2015.
All future share distributions in client companies of CIC Services will be made based pro rata share of such distribution based on their shareholding percentage in CIC Services (which will be equivalent to their shareholding percentage in the Company).The Company will establish initially "shelf Companies" and distribute at least 28% of shares to CIC Services shareholders to meet the free float requirements for listing of a minimum of 25 percent.
The next share distribution to CIC Services shareholders is in for CIC Gold Group Limited to follow after the share distribution detailed above in CIC Services.
Stuart J. Bromley CEO Commented:
"Ownership in CIC Services shares is key for shareholders to attain share distributions in CIC Services client company's. CIC Services shareholders will have the opportunity to minimise investment risk byway of holding CIC Service client company shares. I as CEO and also as major shareholder understand clearly that as shareholders, we expect only two things from our investment i) minimal risk and ii) good returns. The shares distributions in client companies address directly, investment risk and return".
CIC Capital Limited (Seychelles)The Company is a consulting and advisory company, operating primarily in the mining and energy infrastructure sectors. The Company seeks to provide consulting and advisory services to entities operating at various stages of resource development, and the exclusive right to control the public listing process of any client company if the client company is an unlisted company.
The core services provided by CIC Capital Limited. are: the Advisory Service which provides a range of technical, project management, strategic and commercial services; the Strategic Investment Service which helps companies source investment from industry partners for which the Company will typically receive an equity interest; and advice on Listings where the Company helps the client realize value by listing on a Stock Exchange www.CICCapital.com
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