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Kingswood Holdings Limited

New beginnings for European Wealth as they become debt-free after £8.8mln raise

John Morton, chief executive of European Wealth Group Limited (LON:EWG) talks through their results for the year to the end of December 2016 as well as their £8.8mln fund-raising which is  designed to make the integrated wealth management group “debt free with working capital flexibility and balance sheet strength''.

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Market: LSE
Market Cap: £21.26 m
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A 'sigh of relief' at European Wealth now they're back on an even keel after...

On the back of their £8.8mln fundraise, John Morton, chief executive of European Wealth Group Limited (LON:EWG) tells Proactive the main strategy behind the injection of cash was to replace a convertible loan they had in place which was due for repayment. ''It got to the stage where we...

on 18/7/17

2 min read