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DJ Capital for Colleagues plc Investment in South Cerney Outdoor

 
TIDMCFCP 
 
Capital for Colleagues plc / EPIC: CFCP / Market: NEX / Sector: Investment 
 
12 July 2019 
 
                          CAPITAL FOR COLLEAGUES PLC 
 
                  ('Capital for Colleagues' or the 'Company') 
 
                  INVESTMENT IN SOUTH CERNEY OUTDOOR LIMITED 
 
Capital for Colleagues, the investment vehicle focused on opportunities in the 
Employee Owned Business ('EOB') sector, is pleased to announce that the Company 
has invested in a new portfolio company, South Cerney Outdoor Limited ('SCO'). 
 
SCO is a recently formed company, established to acquire the business and 
assets of South Cerney Outdoor from the Shaw Trust, a charity helping to 
transform the lives of young people and adults in the UK and internationally. 
 
Based near Cirencester in Gloucestershire, SCO is focused on creating outdoor 
experiences that inspire personal challenge, fun, growth and adventure for the 
whole community, regardless of age or ability. Activities are available on an 
individual or group basis and include water sports and land-based activities at 
SCO's 53-acre leasehold site, most of which is covered by a lake. 
 
To enable SCO to acquire the South Cerney Outdoor business, Capital for 
Colleagues is providing SCO with an initial loan facility of GBP 250,000, of 
which GBP 150,000 is expected to be drawn down on completion. It is proposed 
that an Employee Owned Trust will become the major shareholder in SCO on 
completion. 
 
Commenting on the investment in SCO, Alistair Currie, Chief Executive of 
Capital for Colleagues, said: 
 
'We are delighted to be supporting South Cerney Outdoor as it embraces Employee 
Ownership. This investment represents a further diversification of our 
portfolio, into a company and a sector with excellent prospects.' 
 
The Directors of the Company are responsible for the contents of this 
announcement. 
 
**ENDS** 
 
For further information, please visit www.capitalforcolleagues.com or contact: 
 
 
CAPITAL FOR COLLEAGUES PLC                                      0161 464 3260 
Richard Bailey, Chairman 
Alistair Currie, Chief Executive 
 
PETERHOUSE CAPITAL LIMITED                                      020 7469 0930 
Mark Anwyl 
Duncan Vasey 
 
Capital for Colleagues 
 
Capital for Colleagues is an investment company focused on the UK EOB sector. 
The Company has a proven management team, with a wide network of contacts and 
affiliates, as well as established access to investment opportunities, enabling 
the Company to execute its strategy and capitalise on EOB-focused investment 
opportunities. 
 
Market Abuse Regulation (MAR) Disclosure 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulation 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END 
 

(END) Dow Jones Newswires

July 12, 2019 11:40 ET (15:40 GMT)