European Wealth Group Limited Further re Funding (7438W)
November 16 2017 - 8:00AM
UK Regulatory
TIDMEWG
RNS Number : 7438W
European Wealth Group Limited
16 November 2017
European Wealth Group Limited
(the "Company")
Document sent to shareholders regarding loan syndication
(Capitalised terms not otherwise defined in this announcement
shall have the same meaning ascribed to such terms in the
announcement entitled "Acquisition of Newbridge and Funding"
released on 7 November 2017 unless the context requires
otherwise.)
European Wealth Group Limited (AIM: EWG, EWGL), the integrated
wealth management group, today announces that further to the
Company's announcement of 7 November 2017, it yesterday sent to all
shareholders a document explaining the terms of the proposed
syndication of up to 49 per cent. of the Funding. Pursuant to this,
Kingswood is intending to syndicate up to 49 per cent. of the
Funding and, as such, is offering to the Company's larger
shareholders the opportunity to participate on a proportionate
participation basis, subject to a minimum proportionate
participation level per shareholder of GBP50,000. Qualifying
shareholders wishing to participate must return the reply form by
no later than the close of business on 6 December 2017.
For further details, please contact:
European Wealth Group +44 (0)20 7623
Limited 2368
Marianne Ismail
Hugo Evans
finnCap Ltd (Nomad
and Broker) +44 (0)20 7220 0500
Adrian Hargrave
Scott Mathieson
Anthony Adams
Redleaf Communications
(Financial PR) +44 (0)20 7382 4730
Emma Kane
Robin Tozer
This information is provided by RNS
The company news service from the London Stock Exchange
END
FURDMMMMFVKGNZM
(END) Dow Jones Newswires
November 16, 2017 09:00 ET (14:00 GMT)
European W. (LSE:EWG)
Historical Stock Chart
From Apr 2024 to May 2024
European W. (LSE:EWG)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about European W. (London Stock Exchange): 0 recent articles
More European W. News Articles