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[email protected] Capital breaks down new funding 'opportunity' agreement with 'captive bank'

[email protected] Capital PLC's (LON:SYME) Alessandro Zamboni talks Proactive through their latest announcement to enter into a funding agreement with new 'captive bank'.

Zamboni says the 'opportunity will create a funding machine' for the platform and its shareholders 1AF2 and The AvantGarde Group - which he says 'will have no impact on the balance sheet of [email protected]

He goes on to say that the deal, which is worth up to €8bn over five years, is necessary because his firm 'needs funders in order to monetise inventory'.

Quick facts: [email protected]

Price: 0.514 GBX

LSE:SYME
Market: LSE
Market Cap: £168.36 m
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