REG - MJ Hudson Group PLC - Loan Agreement

MJ HudsonAnnouncement

07/03/2023 10:00

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RNS Number : 1431S  MJ Hudson Group PLC  07 March 2023

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

 

Loan Agreement

 

 

MJ Hudson Group plc (AIM:MJH), the specialist service provider to the asset
management industry, announces that, on  6 March 2023, the Company reached an
agreement with its existing Senior Lender to provide a further short term
overdraft facility in the amount of £1.75m in order to provide the Company
with additional working capital. The short term facility will bear 5% interest
plus the Bank of England's base rate per annum, plus additional fees as agreed
with the Senior Lender.

 

 

 

 

For further information, please contact:

 

MJ Hudson Group plc

Geoff Miller, Executive Chairman

 

Cenkos Securities plc (Nomad and Broker)

Giles Balleny

Stephen Keys

Callum Davidson

+44 20 7397 8900

 

Buchanan (PR Adviser)

Chris Lane

Jack Devoy

George Cleary

+44 20 7466 5000

mjhudson@buchanan.uk.com

 

 

 

 

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