Craven House Capital PLC Renewal of Convertible Loan to FMCD Ltd (5818S)

TIDMCRV

RNS Number : 5818S

Craven House Capital PLC

03 October 2017

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Craven House Capital Plc

("Craven House" or the "Company")

Renewal of Convertible Loan to FMCD Ltd

On 30th September 2016 the Company announced that it had provided a $1,500,000 convertible loan (the "Loan") to FMCD Ltd ("FMCD"), a company specialising in the import, distribution and sale of lubricants and food products into Angola. The loan originally had a term of one year, and carried an interest rate of 5%.

The Company announces today that the Loan which remains in good standing has been renewed for a further period of one year on the same terms.

Ends

For further information please contact:

 
Craven House Capital Plc         Tel: 0203 286 8130 
 Mark Pajak 
 www.Cravenhousecapital.com 
SI Capital                       Tel: 01483 413500 
 Broker 
 Nick Emerson 
 www.sicapital.co.uk 
 SPARK Advisory Partners          Tel: 0203 368 3550 
  Limited 
  Nominated Adviser 
  Matt Davis/Mark Brady 
  www.Sparkadvisorypartners.com

About Craven House Capital:

Craven House Capital is a frontier and emerging market focused merchant bank seeking value oriented long term investments. Craven House invests in all segments of the capital structure in partnership with local entrepreneurs and the local business community. Craven House provides long term patient capital and is often involved in restructuring, expansion and turn around investments in crisis and transitioning economies.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 03, 2017 09:01 ET (13:01 GMT)

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