Reconstruction Capital II Ltd Loans to Telecredit IFN S.A. (5268S)
16 Noviembre 2021 - 3:55AM
UK Regulatory
TIDMRC2
RNS Number : 5268S
Reconstruction Capital II Ltd
16 November 2021
16 November 2021
Reconstruction Capital II Limited
Loans to Telecredit IFN S.A.
Reconstruction Capital II Limited (the "Company") announces that
the following parties have entered into agreements to provide a
total of EUR200,000 in unsecured loans to Telecredit IFN S.A.
("Telecredit"): Ion Florescu (a significant shareholder in the
Company) EUR100,000, and Cornelia Oancea (an officer of New Europe
Capital SRL, Adviser to the Company) EUR100,000 (the "Loans").
The Loans mature in November 2022 and carry an annual interest
rate of 8% and were granted to support the working capital
requirements of Telecredit related to its SMEs factoring and
discounting operations.
The Loans constitute a related party transaction pursuant to
Rule 13 of the AIM Rules for Companies. The independent directors
of the Company (other than Zoran Melovski being a director
connected to Ion Florescu), having consulted with the Company's
nominated adviser, Grant Thornton UK LLP, consider that the terms
of the Loans are fair and reasonable insofar as the Company's
shareholders are concerned.
For further information, please contact:
Reconstruction Capital II Limited
Cornelia Oancea / Anca Moraru
Tel: +40 21 3167680
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett / George Grainger
Tel: +44 (0) 20 7383 5100
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
MSCGPGGCGUPGUBQ
(END) Dow Jones Newswires
November 16, 2021 04:55 ET (09:55 GMT)
Reconstruction Capital Ii (LSE:RC2)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Reconstruction Capital Ii (LSE:RC2)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
