REG - Rurelec PLC - BPAC Loan Repayment in full

RurelecAnnouncement

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



 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCPGGWUPUPBGQW