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Listing of Loan Notes

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RNS Number : 9774Z
Progility PLC
17 December 2014
 



 

Progility plc

 

("Progility" or "the Company" or "the Group")

 

Listing of Loan Notes

 

Progility plc (AIM: PGY), the systems integrator and project management services firm, is pleased to announce that the 12% redeemable loan notes (12% Loan Notes) issued by its wholly owned special purpose vehicle, Progility Finco Limited, the creation of which was announced on 1 July 2014, were admitted to the Official List of the Channel Islands Securities Exchange Authority Limited (CISEA) with effect from 18:00 on 16 December 2014.

The Loan Stock was created to provide the Group with a flexible mechanism to raise funds in pursuit of its growth strategy.  £7,150,000 of Loan Notes were issued on 14 July 2014 in connection with the acquisition of Starkstrom Group Limited.

 

In addition £2,133,220 18% redeemable loan notes 2016 previously issued by Progility Finco Limited were simultaneously admitted to the Official List of CISEA. 

 

 

For further information, please contact:




 

Progility plc


Wayne Bos, Executive Chairman

020 7371 4444

John McIntosh, Finance Director


www.progility.com


SPARK Advisory Partners Limited (Nominated Advisor)


Mark Brady

020 3368 3551

Sean Wyndham-Quin

020 3368 3555



 

W H Ireland Limited (Broker)


Adrian Hadden/Mark Leonard

020 7220 1666



 

Novella Communications

Tim Robertson/Ben Heath

 

 

020 3151 7008



 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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