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FT8 plc (GFT)

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Monday 21 September, 2015

FT8 plc

Loan Agreements

18 September 2015
FT8 plc
("FT8" or the "Company")
 
Loan Agreements
 
FT8 announces today that it has executed two loan agreements, the details of which are as follows:

On 10 July 2015 the Company entered into a unsecured loan agreement with a third party provider, pursuant to which USD$250,000 (approximately £160,396) has been drawn down. The loan is unsecured, is interest free and is repayable on October 7th, 2015, unless the parties otherwise agree.

In addition, on 30 June 2015, the Company entered into a loan agreement with Helen Pryor, the wife of Phil Pryor a director of the Company pursuant to which USD$80,000 (approximately £51,335) has been drawn down. The loan is unsecured, interest accrues at 10% and is repayable on demand unless the parties otherwise agree.

The Company has utilised the cash in pursuing the advancement of its investing strategy set out on 19 March 2015.

For further enquiries:
Sean McShane, Ezybonds (UK) plc            +18 172 718 169
Katy Mitchell, WH Ireland Limited          +44 161 832 2174

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