Trafalgar Property Group plc announced it has entered into a loan agreement with Ecap Esports Ltd. Ecap Esports has agreed to loan the Company the sum of £250,000, the proceeds of which will be ringfenced to cover costs associated with the recently announced proposed reverse takeover, should the transaction not occur. In the event the proposed transaction does not complete, any funds remaining following payment of all accrued transaction fees shall be returned to the lender. The loan bears no interest.
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0.06 GBX | +20.00% | -.--% | -.--% |
Jun. 03 | Trafalgar Enters into Loan Agreement with Ecap Esports Ltd | CI |
May. 29 | Trafalgar Property Confirms Ecap Esport Takeover Talks; Shares Surge Before Suspension | MT |
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