LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
The alternative shareholder financing solutions company Equities First Holdings, LLC (EFH) has announced that has fully concluded a transaction with Andrew Newland, CEO of ANGLE plc, by returning 1.35 million shares of ANGLE plc (AIM: AGL.LN) (OTCQX: ANPCY) stock to him, which was used as collateral in a financial transaction.
This two-year financing facility, originated on October 27, 2014, was one of EFH’s first transactions executed in the United Kingdom after the acquisition of Meridian Equity Partners Limited. EFH acquired Meridian in the summer of 2014 and rebranded the acquired operation as Equities First (London) Limited.
Equities First Limited is authorised and regulated by the Financial Conduct Authority of the United Kingdom, register number 605564.
The return of collateral to clients is business-as-usual for Equities First Holdings,” shared Al Christy, Jr., Founder and CEO of EFH. “As a company, EFH and its subsidiaries have completed more than 700 transactions, and we have a perfect track record of returning our clients’ collateral upon maturity and repayment.