Company Information Disclosure
Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011.
Since 1 December 2011, Sterling Green Group plc has been classified as an investing company under Rule 15 of the AIM Rules for Companies. As such, it is obliged to make an acquisition which constitutes a reverse takeover or otherwise have substantially implemented its investing policy by 1 December 2012, being 12 months from the date of the partial disposal. The Board is currently reviewing a number of possible opportunities and any acquisition will be put to shareholders for their approval at the appropriate time.