Scotty Group SE Financing Update (0268N)

TIDMSCO

RNS Number : 0268N

Scotty Group SE

25 September 2012

Scotty Group SE

Financing proposal update

On 7 September 2012 the Scotty board announced that it was seeking to raise a minimum of Euros 350,000 on terms to be determined for completion on 24 September 2012 and that directors and related parties had indicated their willingness in principle to provide the minimum funds. The fundraising is making good progress and the board expects to be able to announce the outcome on 27 September 2012.

Enquiries:

 
 SCOTTY Group SE 
  Kurt Kerschat, CEO                    +43 316 409 426 
 Nominated Adviser 
  Cairn Financial Advisers LLP 
  Tony Rawlinson / Avi Robinson         +44 20 7148 7900 
 Broker 
  Northland Capital Partners Limited 
  John Howes

This information is provided by RNS

The company news service from the London Stock Exchange

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