| Modern Surf Manchester Offering | |
|
Private Placement Recommendation Currency Use of funds |
Equity offering with put option. BUY Pounds Sterling (£) Construction of facility |
| Sector | Commercial Real Estate |
| Key Market Data | |
| Market | Private Offering |
| Price per Share | £1,000 |
| Number of shares for sale | 28,500 |
| Total | £28,500,000.00 |
|
Project Amount To be raised Already committed. Estimated current asset value |
£55,500,000 £28,500,000 £27,000,000 £71,000,000 |
| Key features | Equity investors to be offered 20% of the company for £28.5m with option to sell shares back to company for £57.0m after a 5-year period. |
| Fiscal Year end | 31st December |
| Company Objective | Growth |
|
Main Shareholders
|
100% Management Team |