TIDMESKN

RNS Number : 9277J

Esken Limited

26 August 2021

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, THE PEOPLE'S REPUBLIC OF CHINA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

NEITHER THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION. ANY DECISION TO PURCHASE, SUBSCRIBE FOR, OTHERWISE ACQUIRE, SELL OR OTHERWISE DISPOSE OF ANY SECURITIES REFERRED TO IN THIS ANNOUNCEMENT MUST BE MADE SOLELY ON THE BASIS OF THE INFORMATION THAT IS CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS REFERRED TO BELOW. A COPY OF THE PROSPECTUS IS AVAILABLE ON ESKEN LIMITED'S WEBSITE AT WWW.ESKEN.COM/INVESTORS.

26 August 2021

Esken Limited

(the "Company" )

COMPLETION OF CLASS 1 TRANSACTION - INVESTMENT IN LONDON SOUTHEND AIRPORT

On 2 July 2021, the Company announced that it had reached agreement with CGIOF River S.à r.l. (the "Lender"), a special purpose vehicle which is controlled by Carlyle Global Infrastructure Opportunity Fund, L.P. ("CGI"), on the terms of a proposed investment by CGI through a GBP125 million senior loan facility (the "Loan") to be provided by CGIOF River S.à r.l. to, and which is convertible into 29.999 per cent. of the entire issued share capital of, London Southend Airport (the "Borrower") (which shall be increased to 30 per cent. following receipt of approval from the Office of Rail and Road), a wholly-owned subsidiary of the Company (the "Investment").

The Company today announces completion of the Investment following receipt of shareholder approval at the General Meeting held on 17 August 2021. The Borrower has drawn down the Loan made available to it by the Lender.

For further enquiries please contact:

 
 Esken Limited 
 
   Charlie Geller, Communications Director     C/O Tulchan Communications 
                                            ----------------------------- 
 
 Tulchan Communications                                  +44 207 353 4200 
 
  Olivia Peters / David Allchurch                  esken@tulchangroup.com 
                                            ----------------------------- 
 

Important notices

The information contained in this announcement is for information purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purpose whatsoever on the information contained in this announcement or on its accuracy or completeness. The information in this announcement is subject to change.

This announcement does not constitute or form part of any invitation or inducement to engage in investment activity, nor does it constitute an offer or invitation to buy any securities, in any jurisdiction including the United States, or a recommendation in respect of buying, holding or selling any securities.

Neither this announcement nor any copy of it may be taken or transmitted directly or indirectly into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. Any failure to comply with this restriction may constitute a violation of such laws or regulations. Persons into whose possession this announcement or other information referred to herein should inform themselves about, and observe, any restrictions in such laws or regulations.

The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves about, and observe, any applicable requirements.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCFZGZRFVRGMZM

(END) Dow Jones Newswires

August 26, 2021 09:40 ET (13:40 GMT)

Esken (LSE:ESKN)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Esken.
Esken (LSE:ESKN)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Esken.