Fladgate acts for Southridge LLC on a £3m Equity Purchase Agreement Facility

Our team: Avram Kelman

Fladgate LLP has acted for US based investment company Southridge LLC on Southridge’s advice to Bahamas-based Brittany Capital Management Ltd on their entering into a £3m Equity Purchase Agreement Facility (EPA Facility) with Wren Extra Care Group Plc (Wren).

Wren is an AIM listed provider of retirement living services for the independent elderly. The EPA Facility allows Wren, at its own discretion, to raise up to £3m of equity capital in drawdowns over a three year period.

Fladgate corporate partner Avram Kelman advised Southridge LLC.

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