Craven House Capital PLC FMCD Ltd partially repay Convertible Loan (2342E)
07 Febrero 2018 - 10:33AM
UK Regulatory
TIDMCRV
RNS Number : 2342E
Craven House Capital PLC
07 February 2018
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
Craven House Capital Plc
("Craven House" or the "Company")
FMCD Ltd partially repay Convertible Loan
On the 3 October 2017, the Company announced that it had
extended a $1,500,000 convertible loan (the "Loan") to FMCD Ltd
("FMCD"), a company specialising in the import, distribution and
sale of lubricants and food products into Angola.
The Company announces today that FMCD has repaid $678,000 of the
Loan. The remaining $822,000, which carries interest of 5 per cent.
per annum, is due for repayment on 30 September 2018.
Further announcements will be made as appropriate.
Ends
For further information please contact:
Craven House Capital Plc Tel: 0203 286 8130
Mark Pajak
www.Cravenhousecapital.com
SI Capital Tel: 01483 413500
Broker
Nick Emerson
www.sicapital.co.uk
SPARK Advisory Partners Limited Tel: 0203 368 3550
Nominated Adviser
Matt Davis/Mark Brady
www.Sparkadvisorypartners.com
About Craven House Capital:
Craven House Capital is a frontier and emerging market focused
merchant bank seeking value oriented long term investments. Craven
House invests in all segments of the capital structure in
partnership with local entrepreneurs and the local business
community. Craven House provides long term patient capital and is
often involved in restructuring, expansion and turn around
investments in crisis and transitioning economies.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 07, 2018 11:33 ET (16:33 GMT)
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