RE: Quietly confident27 Aug 2021 12:37
Eight capital RNS
Eight Capital Partners plc (AQSE: ECP), the investing company whose investment strategy focuses on technology, media, telecoms and financial services businesses including listed investing companies, is pleased to announce that, following shareholder approval pursuant to Section 190 of the Companies Act 2006 at the Company's recent AGM, it has acquired €40million 2.5% fixed rate secured bonds ("Bonds") from IWEP Limited ("IWEP"), a company controlled by ECP's Chairman, Mr Dominic White.
The Bonds were issued to IWEP by 1AF2 Limited, a private company registered in England which is a wholly owned subsidiary of The Avantgarde Group S.p.A. ("TAG"), an Italian private holding company invested in the fintech sector, in settlement of the acquisition of assets by TAG from IWEP.
See mentions TAG sale, bonds issued from 1AF2.. same loan, restructured is all