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Update on the Equity Sharing Agreement

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By LSE RNS

RNS Number : 9062W
PCG Entertainment plc
20 November 2017
 

20  November 2017

 

 

 

 

PCG Entertainment Plc

("PCGE" or the "Company")

PCG Entertainment Plc / Index: AIM / Epic: WSBN

Update on Equity Sharing Agreement

 

On 18 August 2017, the Company announced that it had entered into an Equity Sharing Facility arranged by RiverFort Global Capital ("RiverFort") (the "Announcement").

 

Further to the Announcement, the Company announces that whilst it is due to pay £500.67 to D-Beta One EQ, Ltd as a result of trading in the Company's shares during October 2017, D-Beta One EQ, Ltd has waived their right to this repayment and that it will be adjusted for in future trades.

 

Going forward, the Company intends to announce the receipts from the Equity Sharing Facility on a quarterly basis.

 

For more information on PCGE please visit the Company's website www.pcge.com.

 

All definitions are as per the Announcement.

 

Enquiries:

 

PCG Entertainment PLC               

Richard Poulden, Chairman                                              Tel: +44 207 812 0645

 

Allenby Capital Limited               

Nick Naylor/Nick Harriss                                                  Tel: +44 20 3328 5656

 

Beaufort Securities Limited       

Elliot Hance                                                                    Tel: +44 20 7382 8300

 

Damson Communications           

Abigail Stuart-Menteth/Amelia Hubert                               Tel: +44 20 7812 0645

 


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