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Completion of US$2 million convertible debt

19 Jul 2013 07:00

RNS Number : 6776J
Cambria Africa PLC
19 July 2013
 



Cambria Africa plc("Cambria" or the "Company")

Completion of US$2 million convertible debt by subsidiary

Cambria (AIM:CMB) is pleased to announce that further to the announcement of 9 May 2013 in relation to placing of convertible debt into Payserv by Nisela Capital, all regulatory approvals have been received and the transaction has completed.

 

Contacts

Cambria Africa plc

www.cambriaafrica.com

Ian Perkins

+44 (0) 7831 674 585

Edzo Wisman

+ 1 (0) 416 358 1910

WH Ireland Limited

www.wh-ireland.co.uk

James Joyce / Nick Field

+44 (0) 20 7220 1666

 

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NOTES TO EDITORS

About Cambria Africa plc

Cambria Africa plc, quoted on the AIM market of the London Stock Exchange, is a long term, active investment company, building a portfolio of investments primarily in Zimbabwe.

About Nisela Capital

Johannesburg based Nisela Capital is a boutique alternative asset management and advisory firm. Since 2011, Nurture Capital Principals, a subsidiary of Nisela, has managed the Nurture African Fund, a Southern African mezzanine fund focusing on Mozambique, Zambia and Zimbabwe. 

 

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