Thalassa Holdings Ltd
("the Company")
Loan repayment
Following the loan agreement entered into between Duncan Soukup and the Company, as announced on 11 May 2009, the Company announces that it has repaid USD$580,000 to Duncan Soukup. The remaining balance owed to Mr Soukup under this loan is reduced to USD$218,680.
Mr Soukup also has a further loan outstanding to the Company of USD$481,939, the terms of which were announced by the Company on 9 June 2008.
The outstanding balance owed by the Company to Mr Soukup is USD$700,619 under both loan agreements.
Contact:
Duncan Soukup, Executive Chairman Tel: + 44 (0) 7703 566 937
Thalassa Holdings Ltd
Simon Leathers Tel: + 44 (0) 20 7776 6550
Daniel Stewart & Company plc
Notes to Editor:
Thalassa Holdings Ltd, incorporated and registered in the BVI in 2007 and listed on AIM in July 2008, is a holding company with diversified interests in quoted and unquoted companies, including Marine Seismic.