Less Ads, More Data, More Tools Register for FREE

Pin to quick picksENGI.L Regulatory News (ENGI)

  • There is currently no data for ENGI

Mezzanine Finance Facility

11 Dec 2013 07:00

ENERGISER INVESTMENTS PLC - Mezzanine Finance Facility

ENERGISER INVESTMENTS PLC - Mezzanine Finance Facility

PR Newswire

London, December 10

11 December 2013 Energiser Investments plc ("Energiser" or the "Company") Mezzanine Finance Facility Energiser is pleased to announce that it has entered into an agreement with anexperienced housebuilder to provide mezzanine finance to facilitate thedevelopment of twelve luxury homes in Kingswood, Surrey. The development site has full planning permission and works will commence inJanuary 2014 and are expected to be completed within a fifteen month period. The development is within an exclusive parkland setting and comprises ninehouses and three apartments with an anticipated gross development value ofcirca £8.4 million. Energiser will provide up to £2.6 million mezzanine finance for the developmentand will be entitled to the greater of either a 50 per cent. share of the netprofit of the scheme or a minimum return of £785,000, assuming sufficientreturns are generated. Energiser has obtained commitments of funding from anumber of investors to underwrite its financial obligation to this project. Bill Weston, Chairman, commented, "this is an excellent opportunity forEnergiser which we hope will be the first of a number of similar transactionswhich will enable a consistent profit stream to be established." For further information, please visit www.energiserinvestments.co.uk orcontact: Energiser Investments plc +44 1494 762 450 Nishith Malde Cairn Financial Advisers LLP +44 20 7148 7900 Jo Turner / Liam Murray
Date   Source Headline
16th Jul 20207:00 amRNSGrant of Options
3rd Jul 20209:52 amRNSHolding(s) in Company
30th Jun 202010:24 amRNSResult of AGM
8th Jun 20201:46 pmRNSHolding(s) in Company
3rd Jun 202011:32 amRNSChange of Investing Policy and Placing
3rd Jun 202011:31 amRNSFinal Results
3rd Jun 202011:30 amRNSChange of Adviser
24th Feb 20207:00 amPRNExtension of Audit Partner's Tenure
28th Jan 202010:59 amPRNHolding(s) in Company
26th Sep 20197:00 amPRNHalf-year Report
9th Sep 20196:04 pmRNSHolding(s) in Company
27th Jun 201912:31 pmPRNResult of AGM
22nd May 20197:00 amPRNFinal Results
21st Dec 20187:00 amPRNDirectorate Appointment
27th Sep 20187:00 amPRNHalf-year Report
3rd Aug 20183:14 pmRNSHolding(s) in Company
20th Jul 20189:26 amPRNDirectorate Change
2nd Jul 20182:45 pmPRNResult of AGM
29th May 20187:00 amPRNFinal Results
23rd Mar 20183:15 pmRNSHolding(s) in Company
19th Mar 20187:00 amPRNInvestment of £1.7m in KCR Residential REIT Plc
12th Feb 20187:00 amRNSInvestment in Secured Property Loan
15th Nov 20177:42 amPRNCompletion of Wellingborough Sale
24th Oct 20177:00 amPRNSale of the Wellingborough residential portfolio
28th Sep 201712:32 pmPRNHalf-year Report
30th Jun 20172:52 pmRNSResult of AGM
13th Jun 20177:00 amRNSInvestment in Micro Self Storage
9th Jun 20177:00 amRNSPosting of Accounts and Notice of AGM
30th May 20177:00 amRNSFinal Results
16th May 20177:00 amRNSHolding(s) in Company
2nd May 20179:11 amRNSReceipt of Final Payment on Kingswood Sale
20th Apr 20177:00 amRNSCompletion of Kingswood Sale
6th Apr 20177:00 amRNSSale of Last Home at the Kingswood Park
6th Mar 20171:21 pmRNSResult of General Meeting
2nd Mar 20177:00 amRNSDirector/PDMR Shareholding
16th Feb 20179:49 amRNSTrading Update, Notice of GM and Grant of Options
19th Jan 20177:00 amRNSAppointment of Vox Markets
20th Dec 201612:20 pmRNSCompletion of Placing
20th Dec 201610:38 amRNSProposed Placing
17th Oct 20162:24 pmRNSDirector/PDMR Shareholding
5th Oct 20167:00 amRNSGrant of Options
29th Sep 20169:47 amRNSHalf-year Report
3rd Aug 201611:04 amRNSHolding(s) in Company
19th Jul 20167:00 amRNSConversion of Loan and Issue of Equity
1st Jul 20167:00 amPRNResult of AGM
13th Jun 20167:00 amPRNReplacement Proxy Form
8th Jun 20167:00 amPRNPosting of Account, Circular and Notices of Meetings
23rd May 20163:56 pmPRNFinal Results
23rd May 20169:46 amPRNDirectorate Appointment
30th Sep 20157:00 amPRNHalf-yearly Report

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.