BPAC Loan Repayment in full

Rurelec

23/12/2019 16:05

RNS Number : 8881X

Rurelec PLC

23 December 2019

 

23 December 2019

 

Rurelec PLC

("Rurelec" or the "Company")

 BPAC Loan Repayment in full

 

 

Further to the announcement of 27 June 2019, the Directors of Rurelec PLC (AIM: RUR) announce that on Friday 20 December the Company made the final payment of principal and interest of £160,428.08 on the remaining temporary loan facility provided by Bridge Properties (Arena Central) Limited ("BPAC") which has now been repaid in full.

 

BPAC has undertaken to release its debenture over all of Rurelec's assets.

 

For further information please contact:

 

Rurelec PLC
W H Ireland (Nomad & Broker)
Simon Morris, Director
Andy Coveney, Director
Katy Mitchell
Lydia Zychowska
Tel: 020 7549 2839/40
Tel: 020 7220 1666

 

 

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