Capital for Colleagues plc / EPIC:
CFCP / Market: ISDX / Sector: Investment
1 December 2015
CAPITAL FOR COLLEAGUES PLC
(‘Capital for Colleagues’ or the ‘Company’)
Portfolio
Update
Capital for Colleagues announces that it has made a short term
loan of GBP 250,000 to Ham Baker
Adams Limited (‘HBA’) (the ‘HBA Loan‘), an existing investee
company. The HBA Loan, which is repayable by 31 January 2016, bears interest at an appropriate
commercial rate and is secured by a guarantee from FJ Holdings
Limited, HBA’s parent company. The proceeds of the HBA Loan will be
used for general working capital purposes.
The Directors of the Company are responsible for the contents of
this announcement.
**ENDS**
For further information please visit
www.capitalforcolleagues.com or contact:
CAPITAL FOR COLLEAGUES PLC
Richard Bailey, Chairman
John Eckersley, Chief Executive |
0161 233 4891 |
PETERHOUSE CORPORATE
FINANCE LIMITED
Mark Anwyl
Duncan Vasey |
020 7469 0930 |
Notes
Capital for Colleagues is an
investment company focused on the Employee Owned Business (‘EOB’)
sector. The Company has a clear strategy aimed at investing
in, advising and growing established, mainly UK-based, EOBs as well
as assisting companies which are looking to launch employee
ownership schemes, providing the capital and advice to help them
achieve their objectives.
Capital for Colleagues has a proven
management team, with a wide network of contacts and affiliates, as
well as established access to investment opportunities, enabling
the Company to execute its strategy and identify and capitalise on
EOB-focused investment opportunities.