The
Return of ANGLE plc Shares Marks Successful Completion of Transaction
Executed in October 2014.
Indianapolis,
IN, USA -- Equities First Holdings LLC (EFH,
http://www.equitiesfirst.com),
a global lender and a leader in alternative shareholder financing
solutions, announced today that the company has fully concluded a
transaction with Andrew Newland, CEO of ANGLE plc, by returning 1.35
million shares of ANGLE plc (AIM: AGL.LN; OTCQX: ANPCY) stock to him,
which was used as collateral in a financial transaction.
This
two-year financing facility, originated on October 27, 2014, was one
of the EFH's first transactions executed in the United Kingdom after
the acquisition of Meridian Equity Partners Limited. EFH acquired
Meridian in the summer of 2014 and rebranded the acquired operation
as Equities First (London) Limited.
Equities
First (London) Limited is authorised and regulated by the Financial
Conduct Authority of the United Kingdom, register number 605564.
"The
return of collateral to clients is business-as-usual for Equities
First Holdings," said Al Christy, Jr., Founder and CEO of EFH.
"As a company, EFH and its subsidiaries have completed more than
700 transactions, and we have a perfect track record of returning our
clients' collateral upon maturity and repayment."
The
market disclosure made by ANGLE plc related to this transaction can
be found here.
About
Equities First Holdings
Since
2002, Equities First Holdings, LLC (EFH) has provided clients with
alternative financing solutions, supplying capital against publicly
traded stock to enable clients to meet their personal and
professional goals. EFH provides capital against shares traded on
public exchanges around the world. The company has completed more
than 700 transactions and delivered more than $1.4 billion USD in
funding to date.
EFH
is a global company with offices in nine countries, including wholly
owned subsidiaries Equities First (London) Limited, Equities First
Holdings Hong Kong Limited, Equities First Holdings Singapore
Limited, and Equities First Holdings (Australia) Pty Ltd. For more
information, visit http://www.equitiesfirst.com.
DISCLAIMER
This
release is intended for informational use only, and does not
constitute an offer, stated or implied, of any type. Equities First
Holdings, LLC and all of its subsidiaries work exclusively with
individuals classified as sophisticated investors or Professional
clients. The Equities First Holdings platform is not intended for
retail investors.
Media
Contact:
Brandon
Russell
+1-317-429-3500
