REG - Secure Property Dev - Update on Loan Agreement

Secure Property Development & InvestmentAnnouncement

Thu 13:15

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RNS Number : 5455V  Secure Property Dev & Inv PLC  05 March 2026

Secure Property Development & Invest PLC/ Index: AIM / Epic: SPDI /
Sector: Real Estate

 

5 March 2026

 

Secure Property Development & Investment PLC ('SPDI' or 'the Company')

 

Update on Loan Agreement

 

Secure Property Development and Investment PLC (AIM: SPDI), the South Eastern
European focused property and investment company, announces, further to its
announcement on 5 November 2025, that in line with the initial loan agreement
as amended by the heads of terms dated 5 November 2025 with AdvEn Industries,
SPDI extended the initial loan repayment date to 28 February 2026 and
accordingly the capital amount repayable has increased to €275,000.

 

As at today's date, AdvEn Industries has not repaid the loan. The Company
remains in constructive discussions with AdvEn Industries on agreeing an
amended repayment schedule which will also likely form part of an amended
heads of terms between the parties. Notwithstanding the discussions on the
amended repayment schedule, the Company reserves all rights in respect of
enforcing its rights under the loan agreement

 

Further announcements are expected to be made shortly.

 

**ENDS**

For further information please visit www.secure-property.eu
(http://www.secure-property.eu) or contact:

 

 Lambros Anagnostopoulos  SPDI                    Tel: +357 22 030783

 Rory Murphy              Strand Hanson Limited   Tel: +44 (0) 20 7409 3494

 Ritchie Balmer

 Jon Belliss              AlbR Capital Limited    Tel: +44 (0) 20 7469 0930

 Susie Geliher            St Brides Partners Ltd  Tel: +44 (0) 20 7236 1177

 Will Turner

 

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