ECP Eight Capital Partners Plc

TIDMECP

RNS Number : 0687A

Eight Capital Partners PLC

25 September 2020

25 September 2020

Eight Capital Partners plc

("Eight Capital" or the "Company")

Additional placing of EUR100,000 of Eight Capital Bonds

Eight Capital is pleased to announce that it has placed a further EUR100,000 of the Company's bonds, which trade on the Vienna Stock Exchange's multilateral trading facility, following demand from an institutional investor which has previously subscribed for bonds. The funds raised will be used for general working capital purposes and for appraising and making investments.

As previously disclosed, the principal terms of the bond are as follows:

   -              Issue price and redemption at par; 
   -              Interest of 7% per annum paid semi-annually in arrears; 
   -              Issue date of 26 July 2019 with a redemption date of 26 July 2022; 

- Admission to trading on the Vienna MTF as "EUR5,000,000 7.00 per cent. Notes due 26 July 2022" with ISIN XS2027405880.

-

To date, the Company has EUR3,390,000 of bonds under the above instrument outstanding. This figure reflects the return of EUR350,000 of bonds that were issued as part of the consideration for the Financial Innovations Team acquisition, but returned as per the announcement of 27 July 2020. More bonds may be placed in due course and announcements will be made accordingly.

The Bond was arranged by the Company's investee company Epsion Capital Limited ("Epsion").

Further information on the bond can be found on the Vienna Stock Exchange's website at www.wienerborse.at/en and the Company's website at www.eight.capital.

Disclosures

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Prior to publication, certain information contained within this Announcement was deemed to constitute inside information for the purposes of Article 7 of MAR.

The directors of the Company take responsibility for this announcement.

 
 Eight Capital Partners plc      +44 20 3808 0029 
  Dominic White                   info@eight.capital 
 Cairn Financial Advisers LLP 
  AQSE Corporate Adviser 
  Jo Turner / James Lewis        +44 20 7213 0880 
 
 

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September 25, 2020 02:00 ET (06:00 GMT)

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