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CLS Conversion period

11 May 2016 14:10

RNS Number : 9590X
European Wealth Group Limited
11 May 2016
 

11 May 2016

European Wealth Group Limited

("European Wealth", or "the Group")

CLS Conversion period

 

The directors of European Wealth (AIM: EWG, EWGL), the fast growing wealth management group, announce that the conversion period for the 10 per cent. convertible unsecured loan stock ("CLS") started on 1 May and will run until 14 May.

 

Any CLS holder wishing to convert at a price of £1.245 per ordinary share of 5p ("Ordinary Share") must give notice to the Company at its registered office, specifying the nominal value of the CLS to be converted and, if held in certificated form, accompanied by the certificate of CLS. Conversion will occur on 26 May 2016.

 

The next conversion period will be the 14 day period commencing 1 November 2016 when the conversion price will be £1.545 per Ordinary Share.

 

 

For further details, please contact:

 

European Wealth Group Limited

John Morton

 

 

Tel: +44 (0)20 7293 0733

www.europeanwealth.com

Panmure Gordon (UK) Limited (Nomad and Broker)

Fred Walsh

Alina Vaskina

Tel: +44 (0)20 7886 2500

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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