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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sec Newgate S.p.a. | LSE:SECG | London | Ordinary Share | IT0005200453 | ORD NPV (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 48.50 | 45.00 | 52.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSECG
RNS Number : 0569E
SEC Newgate S.p.A.
25 February 2020
25 February 2020
SEC Newgate S.p.A.
("SEC Newgate", the "Group" or the "Company")
Result of Extraordinary Shareholders' Meeting
SEC Newgate (AIM: SECG), the international communications, advocacy and research group, is pleased to announce that at the adjourned extraordinary shareholders' meeting ("ESM") held earlier today, in connection with the issue of the EUR2.5 million convertible bond ("Bonds") to be subscribed by Inveready Convertible Finance Capital I FCR and Inveready Convertible Finance Capital SCR S.A., each a fund set up or managed by Inveready Asset Management S.G.E.I.C., S.A, all resolutions were duly passed.
Subject to filing of the ESM resolution with the Companies Register in Italy, the Bonds will be subscribed and issued, which is expected to occur within the first week of March 2020.
Fiorenzo Tagliabue, CEO of SEC Newgate, commented:
" This convertible loan is a further important element in our Strategic Plan. We are delighted to be working with Inveready. It is not only a leading asset manager in Spain, but also a long-term specialist technology-focused investor. This is particularly relevant because the communications industry is undergoing significant transformation against a backdrop of a more complex and interconnected world.
As announced on 4 February 2020, our unaudited financial results for the year ended 31 December 2019 incorporate four months of trading following the merger in September 2019; they are in line with our expectations and the Group is profitable. Our current financial year has started strongly and having the support of Inveready, which understands the long term potential of our market, is very welcome."
Further information:
For further information please contact:
SEC Newgate S.p.A. Fiorenzo Tagliabue (Group CEO) Telephone: +39 335 6008858 tagliabue@secrp.com Emma Kane (Deputy Group CEO, Telephone: +44 (0) 20 CEO Newgate Communications UK) 3757 6860 emma.kane@newgatecomms.com Federico Vecchio (Group CFO) Telephone: +44 (0) 20 7680 6500 federico.vecchio@secnewgate.co Arden Partners (Nominated Adviser and Broker) Richard Johnson / Benjamin Cryer Telephone: +44 207 614 5900
Notes to Editors about SEC Newgate
-- Further information is available at www.secnewgate.com
-- On 3 September 2019, SEC S.p.A. and Porta Communications Plc merged to create SEC Newgate S.p.A.
-- The Group's principal brands are: ACH SEC Global (Spain); Cambre Associates (Belgium); Cambre Maroc (Morocco); Clai (France); Kohl PR (Germany); Martis Consulting (Poland); SEC Latam (Colombia); Newgate Communications (Abu Dhabi, Australia, Greater China, Singapore, UK); Newington (UK); Publicasity (UK); SEC Newgate S.p.A. (Italy); and 2112 (UK).
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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
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(END) Dow Jones Newswires
February 25, 2020 05:50 ET (10:50 GMT)
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