EVT Eurovestech

 
TIDMEVT 
 
14 March 2012 
 
                                Eurovestech plc 
 
                       ("Eurovestech" or "the Company") 
 
                         Co-operation Agreement Signed 
 
Eurovestech and Cenkos Securities plc ("Cenkos") are pleased to announce the 
signing of a co-operation agreement in which both companies aim to benefit from 
each other's expertise, knowledge and wide range of networks in the investment 
community to help companies raise money. 
 
Specifically, the agreement focuses on accessing capital in the Middle East and 
in particular NASDAQ Dubai. The co-operation agreement provides that Cenkos 
will work with Eurovestech on any suitable opportunities that clients may have 
to raise funds on NASDAQ Dubai. In addition, introductions of new clients and 
transactions by Eurovestech with Cenkos will be subject to commission sharing 
arrangements. 
 
Under the terms of the agreement, Eurovestech has agreed to pay GBP900,000 in 
cash to Cenkos. Cenkos will pay Eurovestech a proportion of any commission 
earned on transactions as a result of introductions of new clients by 
Eurovestech. There is no cap on the amount that Eurovestech can earn under the 
co-operation agreement. In addition, Cenkos has agreed to provide discounted 
commission rates on funds raised for Eurovestech and its investee and 
associated companies. 
 
Richard Bernstein, Chief Executive of Eurovestech comments: "We are delighted 
to have secured this agreement. It is exactly 12 years since Eurovestech listed 
on AIM and now is the ideal time to be able to broaden funding routes for our 
investee companies as well as being able to generate potential revenues from 
working more closely with Cenkos." 
 
Enquiries: 
 
Eurovestech plc 
 
Richard Bernstein                                          Tel: 020 7478 9070 
 
Chief Executive                                           www.eurovestech.com 
 
Merchant Securities Limited (NOMAD) 
 
David Worlidge/Simon Clements                              Tel: 020 7628 2200 
 
 
2 
 
 
 
END 
 

Eurovestech (LSE:EVT)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Eurovestech (LSE:EVT)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024