Wealth management and financial advice group Tavistock Investments’ directors are offering a £630,000 loan to the firm.

This is due to its regulatory capital requirement increasing. However, Tavistock's directors believe that seeking to raise additional capital now would be unduly dilutive for shareholders.

Instead, the firm will engage an unsecured convertible loan facility with two of the directors, Oliver Cooke and Brian Raven, and its chief investment officer, Christopher Peel.

The facility is for £630,000 and may be drawn down by the firm at any point within the next year.

Each loaner has gi...