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Eight Capital Ptnrs. - Additional bond placing of EUR 300,000

RNS Number : 0303V

Eight Capital Partners PLC

28 November 2019

 

28 November 2019

 

Eight Capital Partners plc

("Eight Capital" or the "Company")

Additional placing of €300,000 of Eight Capital Bond

Eight Capital is pleased to announce that it has placed a further €300,000 of the Company's bonds which trade on the Vienna Stock Exchange's multilateral trading facility.

 

The funds raised will be used for the appraisal and making of 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 "€5,000,000 7.00 per cent. Notes due 26 July 2022" with ISIN XS2027405880.

To date, the Company has placed €3,100,000 of bonds under the above instrument.  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").  Costs associated with the placing are €15,000. 

 

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
Dominic White
+44 20 3808 0029
info@eight.capital
Cairn Financial Advisers LLP
NEX Exchange Corporate Adviser
Jo Turner / David Coffman
+44 20 7213 0880
  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.   END     IODPGGAPGUPBGPR

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