
Modern Surf Manchester Offering | |
Private Placement Recommendation Currency Use of funds |
Preference Shares BUY Pounds Sterling (£) Construction of facility |
Sector | Leisure |
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 40% ordinary shares for £28.5m with option to sell shares back to company for £57m after a 5-year period. |
Fiscal Year end | 31st December |
Company Objective | Growth |
Main Shareholders
|
100% Management Team |