Affinity Global Developments Plc
LSE : AGDO

September 22, 2014 03:00 ET

Affinity Global Developments Plc: First Day of Dealing on GXG First Quote

FOR:  AFFINITY GLOBAL DEVELOPMENTS PLC

GXG SYMBOL:  AGDO

September 22, 2014

Affinity Global Developments Plc: First Day of Dealing on GXG First Quote

LONDON, UNITED KINGDOM--(Marketwired - Sept. 22, 2014) - The Directors of Affinity Global Developments Plc (the
"Company") (GXG:AGDO) are pleased to announce that the Company's Ordinary shares were admitted to trading on
GXG's First Quote market at 8.00am today.

The Company's Ordinary's shares will trade under the ticker 'GXG: AGDO' and ISIN GB00BQSTH983.

The Company was established to enter the international luxury hotels and resorts market and European
residential market. The Company intends to provide investors with access to these growing markets backed by
underlying high quality land and real estate around the world.

The Company intends to raise funds from private individuals together with ISA, SIPP and Institutional investors
through the issue of secured debenture loan stock instruments listed on the GXG Main Quote Market.

The Company proposes to raise up to GBP 30 million (before expenses) by the issue of secured debenture loan
stock. With effect from their respective dates of issue, the Debentures will carry a coupon of 8% in years 1 to
3, rising to 10% in year 4 and 12% in year 5. All the Debentures will be redeemed at par in full on the fifth
anniversary of today's admission, but may be redeemed (either in whole or in part) before that date at par at
the option of the Company.

Further details are contained in the Company's admission document on the GXG website.

The Directors of the Issuer accept responsibility for the contents of this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Adam Cavanagh
Affinity Global Developments plc
Telephone: +44 207 718 5570

OR

GXG Corporate Advisor
Nick Michaels and Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 207 251 3762

Contact Information

  • Affinity Global Developments Plc