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Brief: The Farm 51 Group Receives Demand To Pay Overdue Interest From Creditors

Feb 18 (Reuters) - The Farm 51 Group F51.WA:

SAID ON TUESDAY IT HAD RECEIVED A DEMAND TO REMEDY A BREACH OF ITS STATUS QUO AGREEMENT AFTER FAILING TO PAY AT LEAST EUR 150,000 IN OVERDUE LOAN INTEREST BY FEBRUARY 15

CREDITORS SET A 7-DAY DEADLINE TO SETTLE DEBT OR FACE IMMEDIATE LOAN TERMINATION AND POTENTIAL SEIZURE OF PLEDGED ASSETS

EXPECTS DIALOGUE WITH CREDITORS TO REACH SOLUTION AND LIMIT RISKS OF CONTRACT TERMINATION

 Source text: nEM6kKjR4a
 Further company coverage: F51.WA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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