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Further re Funding

16th Nov 2017 14:00

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 £50,000. 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 Limited

+44 (0)20 7623 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
 
 
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