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Latest Share Chat

Possible Share Issuance

17 Dec 2018 09:00

RNS Number : 6520K
Axiom European Financial Debt Fd Ld
17 December 2018
 

Axiom European Financial Debt Fund Limited (the "Company")

Possible Share Issuance

 

On 19 October 2018, Axiom European Financial Debt Fund Limited (the "Company") published a placing programme prospectus (the "Prospectus") which provides the Company with the ability to issue up to 500 million ordinary shares of no par value in the capital of the Company.

 

Following the publication of the Prospectus, the Company's investment manager, Axiom Alternative Investments SARL, has been conducting update meetings with the Company's shareholders. In response to these meetings the Company is aware that a number of investors are potentially interested in buying shares in the Company. 

 

Recognising the limited liquidity available in the secondary market, the Board will consider issuing new shares under the placing programme in January 2019 in order to satisfy demand.

 

Any new shares would be issued by the Company at a premium to NAV.

 

For further information please visit

http://axiom-ai.com/web/en/axiom-european-financial-debt-fund-limited-2/.

 

Enquiries to:

 

Axiom Alternative Investments SARL

David Benamou, Managing Partner

Tel: + 44 (0)20 3807 0670

 

Winterflood Securities Limited

Neil Morgan

Tel: +44 (0)20 3100 0000

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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