REG - Conygar Investmnt Co - Barclays Loan Extension and Notice of Results

Conygar Investment CoAnnouncement

19/12/2025 07:00

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RNS Number : 1441M  Conygar Investment Company PLC(The)  19 December 2025

 

 

 19 December 2025

THE CONYGAR INVESTMENT COMPANY PLC

Extension of Barclays Facility and Notice of Results

The Company announces that it has agreed with Barclays to restructure its
development loan, provided in connection with the Winfield Court student
accommodation at The Island Quarter in Nottingham, to extend the final
repayment date from 23 December 2025 to 23 December 2026.

The revised terms include the reduction of the total loan facility from £43.6
million to £38.8 million by way of a £3.9 million loan repayment and
cancellation of the £0.9 million undrawn facility. In addition, the Company
will provide, as additional security for the loan, its 1 TIQ restaurant and
events venue at The Island Quarter such that the loan to value covenant can be
reduced to no more than 60%.

The Company also announces that its audited annual accounts for the year ended
30 September 2025 will be published in January 2026.

 

The information contained within this announcement is deemed by the Group to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018.

Enquiries:

The Conygar Investment Company PLC

Robert Ware / David Baldwin: 020 7258 8670

Panmure Liberum (Nominated Adviser and Broker)

Chris Clarke / Jamie Richards: 020 3100 2185

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Sam Livingstone: 07769 655437

 

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