Amphion Innovations plc announced that the company has agreed terms for the draw-down of an additional tranche of $750,000 (an 'Additional Draw') under the loan facility as initially announced on June 5, 2014 (the 'Facility'). The company will receive the proceeds of the Additional Draw immediately. Under the terms of the Additional Draw, nil interest is charged with a repayment amount of $881,250 due on 6 October 2016. The proceeds of the Additional Draw are to be used to partially repay the existing amount due under the Facility and for working capital for Amphion and its Partner Companies. The Additional Draw may be converted into Ordinary Shares in Amphion in accordance with the additional terms of the Facility announced on 29 April 2016. The Additional Draw is to be secured by the Company pledging an additional amount of marketable securities, equivalent in value to $900,000, within 30 days of this announcement.