Last checked at 12 Dec 2017 07:00
European Wealth Group Limited
("European Wealth" or the "Company")
Update on Facilities Agreement
The Company is pleased to confirm that, further to the announcement issued by the Company on 7 November 2017, the Company and KPI (Nominees) Limited ("Kingswood") have signed the applicable documentation to put the facilities agreement entered into by the Company and Kingswood on 7 November 2017 in connection with the financing of the proposed acquisition by the Company of the Newbridge broker dealer platform in the US (the "Facilities Agreement") into a syndicated format. This syndicated format (which replaces the Facilities Agreement on identical commercial terms) will enable other parties approved by Kingswood to participate in due course in the applicable facilities, as syndicated lenders, including those larger shareholders of the Company who have already confirmed an interest in so participating.
For further details, please contact:
European Wealth Group Limited | +44 (0)20 7623 2368 |
Marianne Ismail Hugo Evans | |
finnCap Ltd (Nomad and Broker) | +44 (0)20 7220 0500 |
Adrian Hargrave Scott Mathieson Anthony Adams | |
Redleaf Communications | +44 (0)20 7382 4730 |
Emma Kane Robin Tozer |