REG - Sutton Harbour Grp - Bank Facility Amendment

Sutton HarbourAnnouncement

20/01/2025 07:00

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RNS Number : 9266T  Sutton Harbour Group PLC  20 January 2025

20 January 2025

Sutton Harbour Group plc

("Sutton Harbour" or the "Company")

Bank Facility Amendment

The Company announces that the National Westminster Bank plc has agreed to
amend its bank loan repayment dates as follows: £1.5m by 20 March 2025 and
£7.190m by 31 March 2025, to align with the Company's expected timeline for
asset disposals. This follows the loan repayments totalling £1.445m
previously reported.

For further information, please contact:

 Sutton Harbour Group plc                         +44 (0) 1752 204186

 Philip Beinhaker - Executive Chairman

 Corey Beinhaker - Chief Operating Officer

 Natasha Gadsdon - Finance Director
 Strand Hanson Limited                            +44 (0) 20 7409 3494

 (Nominated & Financial Adviser and Broker)

 James Dance

 Richard Johnson

 

Notes to Editors

Sutton Harbour Group plc (AIM: SUH) is an AIM quoted company specialising in
marine operations, waterfront regeneration and destination creation in
Plymouth and South West England.

The Company operates Sutton Harbour Marina, King Point Marina and Plymouth
Fisheries. Operational activities include mixed-use lettings, car parking and
support services to harbour users, property management and regeneration and
asset enhancement.

Sutton Harbour is committed to being the leading marine and waterfront
regeneration specialist in Southern England, and to positioning Sutton Harbour
in Plymouth as a destination of national interest.

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