European Wealth Group Limited Further re Funding (7438W)

TIDMEWG

RNS Number : 7438W

European Wealth Group Limited

16 November 2017

European Wealth Group Limited

(the "Company")

Document sent to shareholders regarding loan syndication

(Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the announcement entitled "Acquisition of Newbridge and Funding" released on 7 November 2017 unless the context requires otherwise.)

European Wealth Group Limited (AIM: EWG, EWGL), the integrated wealth management group, today announces that further to the Company's announcement of 7 November 2017, it yesterday sent to all shareholders a document explaining the terms of the proposed syndication of up to 49 per cent. of the Funding. Pursuant to this, Kingswood is intending to syndicate up to 49 per cent. of the Funding and, as such, is offering to the Company's larger shareholders the opportunity to participate on a proportionate participation basis, subject to a minimum proportionate participation level per shareholder of GBP50,000. Qualifying shareholders wishing to participate must return the reply form by no later than the close of business on 6 December 2017.

For further details, please contact:

 
 European Wealth Group     [phone] 
  Limited                   2368 
 Marianne Ismail 
  Hugo Evans 
 finnCap Ltd (Nomad 
  and Broker)              [phone] 
 Adrian Hargrave 
 Scott Mathieson 
  Anthony Adams 
 Redleaf Communications 
  (Financial PR)           [phone] 
 Emma Kane 
  Robin Tozer 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 16, 2017 09:00 ET (14:00 GMT)