AI assistant
EVZ LIMITED — Capital/Financing Update 2016
Aug 30, 2016
64889_rns_2016-08-30_42e71a05-4af9-423b-b68f-91843fec998b.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [118 x 103] intentionally omitted <==
31 August 2016
EVZ LIMITED ABN 87 010 550 357 ACN 010 550 357
The Manager Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000
Loan from a Director Related Entity
The Directors of EVZ Ltd (ASX: EVZ) are pleased to announce that TSF Corporation, a company related to all Directors of the Company as well as the Chief Executive Officer, has provided loan funds to the EVZ Group totalling $1m. The terms of this loan facility will be subject to shareholder approval at the Company’s Annual General Meeting.
These loan funds will provide additional working capital to the Group and has a maturity date of 31 December 2017. The interest cost on the loan will be 3.5%pa.
For further information please contact:
Scott Farthing Chief Executive Officer EVZ Limited Tel: +61 3 9545 5288 Mob: +61 411 117 403 Email: [email protected]
About EVZ Limited (ASX: EVZ)
EVZ Limited is an industrial group with a portfolio of specialist businesses in the engineering services sector. EVZ operates in the areas of power generation, bulk storage tank design, engineering and construction and stormwater management through subsidiaries TSF Engineering, Brockman Engineering and Syfon Systems. For further information please visit our website www.evz.com.au
EVZ Limited – 22 Hargreaves Street, Huntingdale Victoria 3166, PO Box 1070 Huntingdale, Victoria 3166
Tel: +61 3 9545 5288, Fax: +61 3 9542 6061