TORONTO, ONTARIO--(Marketwired - July 13, 2015) - Harrington Global Limited ("Harrington") announced that it, on behalf of Harrington Global Opportunities Fund S.à.r.l. (the "Fund"), which it manages and advises, has, by way of a private agreement, acquired an aggregate of 4,639,907 Class "A" common shares ("Common Shares") of FCF Capital Inc. ("FCF") at a price of $0.13 per share (the "Acquisition").
As a result of the Acquisition, the Fund beneficially owns, and Harrington exercises control and direction over, an aggregate of 34,530,371 Common Shares, representing approximately 23.69% of FCF's 145,751,065 issued and outstanding Common Shares as reported in FCF's Management's Discussion and Analysis dated June 1, 2015.
The securities of FCF were acquired in the ordinary course of business, for investment purposes only. Depending on market conditions and other factors, Harrington, on behalf of the Fund, may from time to time acquire additional securities of FCF, or continue to hold or dispose of some or all of the securities of FCF in the open market, by private agreement or otherwise.
This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters.
For additional information, or for a copy of the early warning report filed in respect of the above transactions, please contact Daniel Guy at 1-441-704-6900.
Contact Information:
1-441-704-6900