24th Sep 2021 11:58
Mobile Tornado Group PLC - Harrogate, North Yorkshire-based communications company - Extended revolving loan facility with telecommunications service provider InTechnology PLC by a further 12 months to September 26, 2022.
All other terms remain unchanged, with a maximum principal amount of GBP300,000, with any amount drawn down bearing interest at a rate of 10% per annum.
Additional capital will continue to support the financing of the company's sales pipeline.
Mobile Tornado will publish its interim results on Wednesday next week.
Current stock price: 3.00 pence
Year-to-date change: down 23%
By Dayo Laniyan; [email protected]
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