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Bank Facility Amendment

21st Mar 2025 07:00

RNS Number : 5778B
Sutton Harbour Group PLC
21 March 2025
 

21 March 2025

Sutton Harbour Group plc

("Sutton Harbour" or the "Company")

Bank Facility Amendment

Further to the announcement on 20 January 2025. The Company announces that the National Westminster Bank plc has agreed to amend its bank loan repayment date to £8.690m by 30 June 2025, to align with the Company's updated expected timeline for asset disposals.

For further information, please contact

Sutton Harbour Group plc

Philip Beinhaker - Executive Chairman

Corey Beinhaker - Chief Operating Officer

Natasha Gadsdon - Finance Director

+44 (0) 1752 204186

Strand Hanson Limited

(Nominated & Financial Adviser and Broker)

James Dance

Richard Johnson 

+44 (0) 20 7409 3494

 

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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