30th Oct 2009 13:33
Engel East Europe N.V.
Trading Update
Friday, 30 October 2009 - Following the announcement made on 27 October 2009, Engel East Europe N.V. ('Engel' or 'the Company'), the AIM-listed Central and Eastern European property developer (EEE:L), has received an offer from Engel Resources and Development Ltd, a member of the parent company group, of a bridging loan of €200,000, subject to a number of conditions.
The Board is reviewing the bridging loan offer terms and a further announcement will be made shortly
Enquiries:
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Engel East Europe N.V. |
Tel: +972 (9) 970 7004 |
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Samuel Hibel |
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Libertas Capital Corporate Finance Limited |
Tel: +44 (0) 20 7569 9650 |
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Sandy Jamieson |
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Bankside Consultants |
Tel: +44 (0) 20 7367 8888 |
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Simon Bloomfield or Andy Harris |
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