Everest Global Plc Investment in UK wine retailer
04 7월 2023 - 4:17PM
UK Regulatory
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
(END) Dow Jones Newswires
July 04, 2023 03:17 ET (07:17 GMT)
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