BRIEF-Fastjet agrees 15.7 mln stg convertible securities deal

LONDON, March 8 Fri Mar 8, 2013 2:06am EST

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LONDON, March 8 (Reuters) - Fastjet PLC : * Secures £15.68 million convertible to fund growth * Funds to allow Fastjet to fund further working capital and plan for its

expansion in Africa * Funding provided by New York based fund, bergen global opportunity fund * Says staged funding mitigates the effect of potential dilution to existing