Banking facility extension

RNS Number : 5399H

Gusbourne PLC

16 November 2018

 

16 November 2018

Gusbourne Plc

("Gusbourne", the "Company" or the "Group")

Banking facility extension

The Company announces that it has renewed its existing loan facility of £2,025,000 with Barclays Bank PLC for a further 3 years and carries interest at an annual rate of 3% over the Bank of England's base rate.  The loan also remains secured over the Group's assets by way of a fixed charge over its land and buildings at Appledore, Kent and a floating charge over all other property and undertakings.

Enquiries:

Gusbourne Plc

Charlie Holland                                                                 [phone]                        

Cenkos Securities plc

Nicholas Wells / Callum Davidson                                 [phone]

Note: This announcement and other press releases are available to view at the Company's website: www.gusbourneplc.com

 

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