Amphion Innovations plc announced an update in respect of its loan facility. The Company has been notified by the Company's debt provider (the "Lender") that, further to the terms of the loan facility which were announced on 11 March 2019 and 1 April 2019 (the "Facility"), the excess value of the collateral above the loan balance does not presently meet the terms of the Facility. As of 11 June 2019, the loan balance outstanding pursuant to the Facility is approximately USD 3.2 million (including fees and accrued interest) and the number of Motif shares held was 10,900,591. The Board is working closely with the Lender regarding potential resolution in connection with the collateral requirement and further announcements will be made as appropriate. The Company remains highly cash constrained and continues to consider both its short term and medium term funding options and work with the Company's note holders. The outstanding Facility balance plus accrued interest are currently due for repayment on 30 September 2019.