REG-Worship Street Investments Limited: Investment in St Helens Finance
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2 November 2009
Worship Street Investments Limited
("Worship Street" or "the Company")
Worship Street Invests In St Helens Finance Plc
Worship Street Investments is pleased to announce that it has made an
investment in PLUS quoted St Helens Finance Plc. WSI has subscribed to £60,000
of loan notes paying an annual coupon of 8.5%. The loan notes are convertible
at 9.5p, expiring on 31st December 2013.
St Helens Finance provides asset finance facilities across a range of assets
from information technology through to telecommunication, office equipment,
plant, machinery and vehicles.
St Helens Finance has issued convertible loan notes to raise funds in order to:
- To facilitate the structure of a subsidiary formed to enable a new legal
sector funding product to be launched
- To facilitate the growth across the identified asset classes and thereby
enable the Company to increase the number of transactions within these sectors
The Directors of the issuer accept responsibility for this announcement.
---ENDS---
Enquiries:
Worship Street Investments Limited
Michael Riddell
Tel: +44 (0)1624 620711
Rivington Street Corporate Finance
Monisha Varadan
Tel: +44 (0)20 7562 3389
END
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