EPE Special Opportunities (GB:ESO) has released an update.
EPE Special Opportunities Limited has announced a £2.0 million investment in The Rayware Group from its subsidiary, ESO Investments 1 Limited, boosting Rayware’s finances without materially impacting the company’s net asset value. The additional funding strengthens Rayware’s balance sheet while ESO retains £16.0 million in available cash. Furthermore, ESO 1 has committed to a £1.0 million contingent guarantee to support Rayware’s external borrowing.
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