Everest Global Plc Investment in UK wine retailer

 
TIDMEVST 
 
4 July 2023 
 
Everest Global plc 
 
("Everest" or the "Company") 
 
Investment in UK wine retailer 
 
Everest has entered into an agreement to provide a loan to Precious Link (UK) 
Limited ("Precious Link"), a wine retailer, incorporated and registered in 
England and Wales, located within the Southeast of England. 
 
The loan is for a sum of £200,000, is unsecured and attracts interest at 10 per 
cent. per annum payable monthly in arrears. The loan is repayable on demand by 
the Company and is repayable on 5 business days' notice from Precious Link. 
 
The strategy of the Company has been to develop a group with a focus on food, 
agriculture and agricultural related products. The Company believes Precious 
Link operates in a complementary sector and therefore the loan to Precious Link 
could assist the Company in expanding its activities into the wider food and 
beverage sector. 
 
This announcement contains inside information for the purposes of Article 7 of 
EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the 
European Union (Withdrawal) Act 2018). 
 
The Directors of the Company take responsibility for the contents of this 
announcement. 
 
For further information please contact the following: 
 
Everest Global plc 
 
Andy Sui, Chief Executive        +44 (0) 776 775 1787+27 (0)84 6006 001 
OfficerRob Scott, Non-Executive 
Director 
 
Cairn Financial Advisers LLP 
Jo Turner / Emily Staples        +44 (0) 20 7213 0885 / +44 (0)20 7213 0897 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END

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July 04, 2023 03:17 ET (07:17 GMT)

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