News

New investor in Geneva Finance

Wednesday 29th of February 2012

Geneva issued FedPac 45 million shares at 2.75c per share, meaning FedPac paid $1.24 million for its stake in the car loan provider.

As part of the agreement with Fed Pac, Geneva has also undertaken, subsequent to the placement, to make an offer of a pro rata rights issue to all shareholders, including Fed Pac, at the placement price of 2.75 cents per share.

Geneva managing direct...

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