| Home : October 2011 : October 27, 2011 News : Doughty Hanson Purchases 50,000 Preferred Shares of Sustainable Energy |
Doughty Hanson Purchases 50,000 Preferred Shares of Sustainable Energy |
October 27, 2011
TORONTO, ONTARIO--(Marketwire - Oct. 26, 2011) - Sustainable Energy Technology Ltd. (TSX VENTURE:STG) ("Sustainable Energy") announced today that Doughty Hanson purchased 50,000 First Preferred Shares under the previously announced Equity Commitment Agreement for a total consideration of $500,000.
About Doughty Hanson: Doughty Hanson (www.doughtyhanson.com) is one of Europe's most successful independent private equity firms. Since 1985, Doughty Hanson has undertaken more than 118 investments with an aggregate acquisition value in excess of ?28 billion. Doughty Hanson employs over 50 investment professionals of 15 nationalities, located in offices in London, San Francisco, Frankfurt, Madrid, Milan, Munich, Paris and Stockholm.
http://www.marketwire.com/mw/release.do?id=1578259&sourceType=3
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