Bank Facility Amendment

Sutton Harbour Group PLC

20 January 2025

 

20 January 2025

Sutton Harbour Group plc

("Sutton Harbour" or the "Company")

Bank Facility Amendment

The Company announces that the National Westminster Bank plc has agreed to amend its bank loan repayment dates as follows: £1.5m by 20 March 2025 and £7.190m by 31 March 2025, to align with the Company's expected timeline for asset disposals. This follows the loan repayments totalling £1.445m previously reported.

For further information, please contact: 

Sutton Harbour Group plc Philip Beinhaker - Executive Chairman Corey Beinhaker - Chief Operating Officer Natasha Gadsdon - Finance Director	[phone]
Strand Hanson Limited (Nominated & Financial Adviser and Broker) James Dance Richard Johnson	[phone]

Notes to Editors

Sutton Harbour Group plc (AIM: SUH) is an AIM quoted company specialising in marine operations, waterfront regeneration and destination creation in Plymouth and South West England.

The Company operates Sutton Harbour Marina, King Point Marina and Plymouth Fisheries. Operational activities include mixed-use lettings, car parking and support services to harbour users, property management and regeneration and asset enhancement.

Sutton Harbour is committed to being the leading marine and waterfront regeneration specialist in Southern England, and to positioning Sutton Harbour in Plymouth as a destination of national interest.

 

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