Replacement - Loan from related party (3436A)
2012年3月29日 - 6:21PM
RNSを含む英国規制内ニュース (英語)
TIDMSCO
RNS Number : 3436A
Scotty Group SE
29 March 2012
29 March 2012
The following announcement replaces the "Loan Facility &
Related Party Transaction" announcement RNS9752Y released at 12:32
p.m. on 8 March 2012. Dr Ernst Wustinger owns 45% and controls 54%
of STWB's issued share capital as opposed to owning 55% of STWB's
issued share capital as previously stated. All other text remains
the same. A correction of the full announcement is below.
SCOTTY Group SE
("SCOTTY" or the "Group")
Loan Facility & Related Party Transaction
SCOTTY announces that, on 17 February 2012, it entered into a
short-term loan agreement with Steirischer Technologie und
Wachstumsfonds Beteiligungs AG ("STWB") providing the Group with a
working capital facility of up to GBP30 0,000. The loan bears
interest at a rate of 9 per cent. per annum and is repayable on 21
May 2012. As at 8 March 2012, the Group has drawn down the loan in
full.
STWB is a company in which Dr Ernst Wustinger, Chairman of
SCOTTY, owns 45 per cent. and controls 54 per cent. of the issued
share capital. Accordingly, the loan agreement is a related party
transaction as defined in the AIM Rules. The Directors of SCOTTY,
other than Dr Wustinger, consider, having consulted with Cairn
Financial Advisers LLP, the Company's nominated adviser, that the
terms of the transaction are fair and reasonable insofar as the
Group's shareholders are concerned.
Enquiries:
SCOTTY Group SE
Kurt Kerschat, CEO +43 316 409 426
Nominated Adviser
Cairn Financial Advisers LLP
Tony Rawlinson / Avi Robinson +44 20 7148 7900
Broker
Northland Capital Partners Limited
Katie Shelton +44 20 7796 8800
This information is provided by RNS
The company news service from the London Stock Exchange
END
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