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: |
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Progility plc |
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Wayne Bos, Executive Chairman |
020 7371 4444 |
John McIntosh, Finance Director |
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SPARK Advisory Partners Limited (Nominated Advisor) |
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Mark Brady |
020 3368 3551 |
Sean Wyndham-Quin |
020 3368 3555 |
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W H Ireland Limited (Broker) |
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Adrian Hadden/Mark Leonard |
020 7220 1666 |
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Novella Communications Tim Robertson/Ben Heath |
020 3151 7008 |
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