Further to the announcement of 15 December 2015 regarding the loan to Armour Home Electronics Limited, the Company announces that the repayment terms of the £0.3m loan have been changed as detailed below:
Repayment: 15/01/16 | £100,000 |
15/02/16 | £50,000 |
15/03/16 | £50,000 |
15/04/16 | £50,000 |
15/05/16 | £50,000 |
All other conditions of the loan remain the same. The initial £1.0m loan remains in place which is due for repayment in July 2019.
Further Details:
Armour Group plcMark Wilson, Finance Director
finnCap Limited Geoff Nash Grant BergmanStephen Norcross (Broking)
Tel: 01634 673172
Tel: 0207 220 0500
Armour Group plc issued this content on 2016-01-14 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-15 17:06:02 UTC
Original Document: http://www.armourgroup.uk.com/documents/loantermsjan2016.pdf