FFG announced Euro Noteholders meeting results

Follii Follie Group (“FFG”) officially announced the results of the adjourned Euro Noteholders meeting and approval of the Restructuring Term-Sheet by an Extraordinary Resolution held on March 20, 2020 by a crashing 99,89% of votes.
Whitetip Investments AEPEY
has acted as the sole Financial Advisor to FFG.
 
Read the official announcement here.

Whitetip Investments is relocated to the heart of Athens

We are more than happy to officially announce Whitetip Investments AEPEY’s moving to our new facilities on Solonos St. 14, Kolonaki, Athens.

Over the past few months we have had the luck to witness our Firm’s constant growth and development business wise, customer base wise and of course team wise, resulting to the need of expanding the potential of our Company’s working space.

In our new facilities on Solonos St. 14, we managed to build a significantly more efficient, completely tailor made space that can effectively address Whitetip Investments AEPEY’s ever growing needs. Our new facility introduces:

  • A new, protective and non-accessible server room with an autonomous air conditioning system where all of our client’s and Company’s sensitive data is securely kept.
  • An advanced dealing room with larger capacity.
  • Further security measures such as new surveillance and recording systems.
  • An easily accessible down town location. Thank you for relying on Whitetip Investments. Your trust is our biggest motivation in our effort of providing you with superior investment services.

Thank you for relying on Whitetip Investments. Your trust is our biggest motivation in our effort of providing you with superior investment services.

Consent Solicitation Announcement by Folli Follie Group

Whitetip Investments AEPEY’s Corporate Team is pleased to release the Consent Solicitation Announcemnet by Folli Follie Group (“FF Group”) which marks the beginning of the firm’s Financial Restructuring.
 
Whitetip has been the sole financial advisor to the FF Group.
 
After months of discussions the Board of Directors of FF Group along with its subsidiaries, announces the Launch of Consent Solicitation (Consent Solicitation Memorandum) in respect of a total of approximately EUR 390,000,000‬.
 
A copy of this announcement has been published on the Issuer’s website here.

Whitetip serves as exclusive financial advisor to Folli Follie Group

Whitetip Investments AEPEY serves as exclusive financial advisor to Folli Follie Group (“FFG”) for the restructuring of total value EURO 436m unsecured creditors claims. FFG announced on November 26th that it reached an agreement in principle on the financial terms for its financial restructuring. FFG is a global retailer of clothes, cosmetics and jewellery, with presence in over 30 countries.
Whitetip Investments AEPEY delivered a creative solution and demonstrated unparalleled capabilities in understanding creditors’ and company’s objectives.

Whitetip Investments as FFG sole Financial Advisor

Whitetip Investments AEPEY (“Whitetip”) serves as exclusive financial advisor to Folli Follie Group (“FFG”) for the restructuring of total value EURO 436m unsecured creditors claims. FFG announced on November 26th that it reached an agreement in principle on the financial terms for its financial restructuring. FFG is a global retailer of clothes, cosmetics and jewelry, with presence in over 30 countries. Whitetip delivered a creative solution and demonstrated unparalleled capabilities in understanding creditors’ and company’s objectives. 

As the Announcement as it was published by the Athens Exchange Group states:

” The Board of Directors (the “Board”) of Folli Follie Commercial Manufacturing and Technical Societe
Anonyme, under the distinctive title “FF Group” (hereinafter the “Company” or “FF SA”,
and
together with its subsidiaries, the “Group”) today announces that on 26 November 2019,
it reached
an in principle agreement on the commercial terms for its financial restructuring1 with an
ad hoc
group of creditors consisting of the following (the “Unsecured Creditors’ Committee”):
(a) the lender under the €20,000,000 Schuldschein loan due 2021 issued by FF Group
Finance
Luxembourg II SA (“LuxCo II”) and guaranteed by the Company (the “20m Schuldschein”);
(b) the lender under the €31,000,000 Schuldschein loan due 2021 issued by LuxCo II and
guaranteed by the Company (the “31m Schuldschein” and together with the 20m
Schuldschein, the “Schuldschein”); and
(c) an ad hoc committee of holders of the €249,500,000 1.75 per cent. Guaranteed
Exchangeable Notes due 2019 issued by FF Group Finance Luxembourg SA and
guaranteed
by the Company (the “Eurobonds”), together holding in aggregate approx. 26.4% of the
principal amount of the Eurobonds ”

Read the full Announcement as it was published by the Athens Exchange Group, on the following link: https://bit.ly/34EKNuw

Fundraising for 100Mentors, Greek Startup Company

Whitetip Investments AEPEY would like to thank Mr. Yiorgos Nikoletakis, Founder, and the team of 100mentors who trusted our Corporate Services, for the company’s recent Financing round.
100mentors is a Greek Educational Technology Company whose goal is to help students of all ages to become more aware of their very important professional and academic decisions. Either online or through the application of the Company, users have the opportunity to formulate cognitive questions / “Why” questions, addressing the brightest minds in the world, receiving as response, personalized videos of 100 seconds.
We look forward to seeing 100mentors continue to grow and achieve its extremely important goal of empowering, connecting and inspiring young individuals around the world.


Visit and learn more about 100Mentors: www.100mentors.com

Saxo Bank’s Bond Trading Platform Gets Awarded by “The Banker”

The Saxo Bank fixed income product platform was honored with the award for the best technological project at the level of trading platform for 2017 (Best Trading Platform Project 2017), once again confirming its characterization as an expert in online transactions.

This service started at the end of 2016 and provides access to more than 5,000 corporate and government bonds with high credit rating and high yield through the trading platform SaxoTraderGO. Saxo Bank pioneers and subverts the data in the digital trading of fixed income products, enabling the above transactions, both to institutional and private investors, who were mainly “excluded” from such services.

Saxo Bank’s fixed income product platform provides access to a competitive environment, ensures significant cost savings and thanks to the technology on which it relies, all processes are fully automated so that customers can connect directly to global bond markets and transactions run in seconds.

In fact, Simon Fasdal, Head of Fixed Income Transactions at Saxo Bank, said: was recognized by the specialized financial magazine The Banker with this prestigious award. Our platform connects each customer to the entire global bond market – in a direct, competitive, transparent and reliable way. In this way, it faithfully serves Saxo’s goal of aligning the access of institutional and private investors to the financial markets. “

This award confirms our strategic choice to work with this Bank. Under the Introducing Broker Agreement, the customers of Whitetip Investments AEPEY have the opportunity to create a direct account in Saxo Bank and at the same time provide Receipt and Transmission of Orders as well as Investment Advice to customers who wish it by the specialized executives of our company.

Saxo Bank offers a free 20-day trial on its online platforms. See how you can trade and invest in a professional platform using a virtual cash of $ 100,000.

Whitetip Presented the Company’s Investment Services

Whitetip’s services, it’s cooperation with Saxo Bank as well as the activities of it’s main shareholder in the fields of renewable energy,real estate and startups were presented during a special event at Whitetip Investments AEPEY’s offices in Athens, Greece.

 

During the presentation, the CEO of Whitetip Investments AEPEY, Babis Angeletopoulos, developed the possibility, for the Company’s customers, to invest in both the financial markets and the real economy with the simultaneous incorporation of technology and the human factor.

Particular emphasis was placed on the Introduting Broker relationship between Whitetip Investments and SAXO BANK, through which investors who have opened an account with the Bank, gain access to 30 Stock Exchanges and over 30,000 different financial products, can receive investment services, transmission of orders and investment advice from the specialized executives of Whitetip Investments AEPEY.

This provision is in full compliance with the requirements of the times, as according to a survey conducted by Greenwich Associates, 70% of professionals who conduct electronic transactions internationally, require a cooperation with sales traders, which forms a significant investment advantage for Greek investors.

In addition, Mr. Angeletopoulos developed the pioneering scheme created by Whitetip Investments AEPEY which gives investment access to start-ups.

The event was attended by Peter Grarnry, Equity Strategist of Saxo Bank, who presented the Bank’s investment strategy for the stock markets of Europe and America as well as the methodology to be followed for the selection of specific sectors and shares.

The event was closed by Mr. Vassilis Stivaktakis, Co – founder and CEO of OSEVEN. The Company develops a pioneering InsurTech application that records driving behavior and collaborates with companies such as ERGO, Interamerican and InsuranceMarket, while it is in the process of “closing” agreements in the European Union and the Middle East. Yarrow Capital UK, a subsidiary of Nea Electra SA, a major shareholder of Whitetip Investments SA, also participates in the Company. It is the first joint venture between Whitetip Investments and its clients.

Whitetip Investments AEPEY Offers to the ”Ark Of The World”

Whitetip Investments AEPEY through the social responsibility program supports the “Ark of the World“.

The “Ark of the World” is a Voluntary Non-Profit Organization for Special Care and Protection of Mothers and Children. The organization takes care of children from their infancy to adulthood. Actively supporting the purpose of the Ark, we offer children’s clothes from Alouette Stores.

Cooperation Agreement with SAXO BANK SA

Press Release

Whitetip Investments AEPEY entered into an Introducing Broker Agreement with Saxo Bank A / S, a fully licensed Denmark based, Investments Bank. Under this partnership, Whitetip Investments AEPEY‘s customers gain the opportunity to create an account with Saxo Bank and trade through the Bank’s innovative and award-winning trading platform, enjoy a wide range of products and access global markets. In addition, Whitetip Investments AEPEY can receive and transmit orders on behalf of its clients.

Saxo Bank is an investment bank, supervised by the European legal framework, based in Copenhagen and operating in financial centers around the world, including London, Singapore, Paris, Zurich, Dubai and Tokyo. Saxo Bank facilitates trading and investing for private and institutional investors by offering access to global markets, a wide range of product categories and over 30,000 tradable products such as stocks, CFDs, ETFs, currency pairs and options, futures and bonds. All this integrated in the powerful platform of Saxo Bank, which features everything from personalized watch lists to customizable charts, new filters and risk management tools. Systematically winning industry awards, the platform is designed to offer customers the features, speed and performance they need.

Whitetip Investments AEPEY, supervised by the Hellenic Capital Market Commission, aims to provide high quality services in the field of Brokerage, investment consulting and Corporate Finance. As a member of a group with domestic and international activity in the fields of energy, shipping and Private Equity, it maintains cooperation relations with internationally recognized credit institutions, carries out daily transactions between 30 Stock Exchanges around the world and over 30,000 financial products, while providing investment advice to private clients based on the risk-return relationship.

 

Read the press releases as published in Euro2Day.gr, Capital.gr, Bankingnews.gr.