27th Jun 2019 11:54
(Alliance News) - Rurelec PLC on Thursday said it has made a GBP250,000 repayment on its temporary loan from Bridge Properties Arena Central Ltd.
Shares in Rurelec were up 23% at 1.20 pence in morning trade.
The payment, made on Wednesday this week, covered more of the loan facility's principal amount, as well as interest to date.
As a result of the payment, the electricity utility company, which has a focus on the ownership and operation of Latin American power plants, now has GBP150,458 outstanding on the loan.
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