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BRIEF-Fastjet agrees 15.7 mln stg convertible securities deal
LONDON, March 8 |
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
shareholders.
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