Newmark Security PLC
01 November 2007
Newmark Security plc (the 'Company')
Redemption of Loan Notes
The euro denominated loan notes issued by way of deferred consideration for the
acquisition of Grosvenor Technology in 2002 were due for redemption on 1st
November 2007. The amount outstanding at the financial year end was £3.561
million. As the Chairman's statement with the report and accounts for the year
ended 30th April 2007 said this was due to be repaid from cash resources at the
time together with additional bank facilities which were in the process of being
agreed with the Group's bankers. The Board is pleased to announce that the loan
notes are due to be redeemed today following finalisation of the relevant
banking facilities which include £1.2 million by way of a loan repayable over 3
years.
The Company anticipates announcing its interim figures for the 6 months to 31st
October 2007 in the middle of December as last year.
Pursuant to AIM Rule 20, the Company confirms that it posted its report and
accounts for the year ended 30 April 2007 to shareholders on (16 July) 2007.
This document continues to be available on the Company's website
www.newmarksecurity.com
Enquiries:
Seymour Pierce Limited
Mark Percy 020 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
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