PCG Entertainment plc Update on Equity Sharing Agreement (6142S)
October 04 2017 - 1:00AM
UK Regulatory
TIDMPCGE
RNS Number : 6142S
PCG Entertainment plc
04 October 2017
4 October 2017
PCG Entertainment Plc
("PCGE" or the "Company")
PCG Entertainment Plc / Index: AIM / Epic: WSBN
Update on Equity Sharing Agreement
On 18 August 2017, the Company announced that it had entered
into an Equity Sharing Facility with RiverFort Global Capital
("RiverFort") (the "Announcement"). Further to this announcement,
the Company can confirm that it is currently in discussions with
RiverFort regarding the exact terms of the first Monthly Payment,
which it expects to announce in the second week of October
2017.
Going forward, the Company intends to announce the results of
their monthly drawdowns in the second week of the month after each
individual drawdown.
For more information on PCGE please visit the Company's website
www.pcge.com.
All definitions are as per the Announcement.
Enquiries:
PCG Entertainment PLC
Richard Poulden, Chairman Tel: +44 207 812 0645
Allenby Capital Limited
Nick Naylor/Nick Harriss/James Thomas Tel: +44 20 3328 5656
Beaufort Securities Limited
Elliot Hance Tel: +44 20 7382 8300
Damson Communications
Abigail Stuart-Menteth/Amelia Hubert Tel: +44 20 7812 0645
This information is provided by RNS
The company news service from the London Stock Exchange
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October 04, 2017 02:00 ET (06:00 GMT)