RNS30 Oct 2009 13:55
RNS Number : 6908B
Engel East Europe N.V.
30 October 2009
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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 EUR200,000, subject to a number of conditions.
The Board is reviewing the bridging loan offer terms and a further announcement
will be made shortly