Completion of US$2 million convertible debt

RNS Number : 6776J

Cambria Africa PLC

19 July 2013

 



Cambria Africa plc
("Cambria" or the "Company")

Completion of US$2 million convertible debt by subsidiary

Cambria (AIM:CMB) is pleased to announce that further to the announcement of 9 May 2013 in relation to placing of convertible debt into Payserv by Nisela Capital, all regulatory approvals have been received and the transaction has completed. 

Contacts
Cambria Africa plc	www.cambriaafrica.com
Ian Perkins	[phone]
Edzo Wisman	+ 1 (0) 416 358 1910
WH Ireland Limited	www.wh-ireland.co.uk
James Joyce / Nick Field	[phone]

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NOTES TO EDITORS

About Cambria Africa plc

Cambria Africa plc, quoted on the AIM market of the London Stock Exchange, is a long term, active investment company, building a portfolio of investments primarily in Zimbabwe.

About Nisela Capital

Johannesburg based Nisela Capital is a boutique alternative asset management and advisory firm. Since 2011, Nurture Capital Principals, a subsidiary of Nisela, has managed the Nurture African Fund, a Southern African mezzanine fund focusing on Mozambique, Zambia and Zimbabwe. 

 

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