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Progility notes issues of loan notes

24 February 2016 07:38

Progility said Progility Finco Limited has issued a further tranche of GBP300,000 of the redeemable loan stock announced on 1 July 2014 to DNY Investments Ltd. Proceeds of the issue will be used by the Group to meet general working capital requirements.

DNY Investments is an asset of the DNY Trust, a family trust of which Wayne Bos, Executive Chairman of Progility, is a discretionary beneficiary.

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