European Wealth Group Limited Syndicated Facilities Agreement (0143Z)
December 12 2017 - 1:00AM
UK Regulatory
TIDMEWG
RNS Number : 0143Z
European Wealth Group Limited
12 December 2017
European Wealth Group Limited
("European Wealth" or the "Company")
Update on Facilities Agreement
The Company is pleased to confirm that, further to the
announcement issued by the Company on 7 November 2017, the Company
and KPI (Nominees) Limited ("Kingswood") have signed the applicable
documentation to put the facilities agreement entered into by the
Company and Kingswood on 7 November 2017 in connection with the
financing of the proposed acquisition by the Company of the
Newbridge broker dealer platform in the US (the "Facilities
Agreement") into a syndicated format. This syndicated format (which
replaces the Facilities Agreement on identical commercial terms)
will enable other parties approved by Kingswood to participate in
due course in the applicable facilities, as syndicated lenders,
including those larger shareholders of the Company who have already
confirmed an interest in so participating.
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 +44 (0)20 7382 4730
Emma Kane
Robin Tozer
This information is provided by RNS
The company news service from the London Stock Exchange
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