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BPAC Loan Repayment in full

23rd Dec 2019 16:05

RNS Number : 8881X
Rurelec PLC
23 December 2019
 

23 December 2019

 

Rurelec PLC

("Rurelec" or the "Company")

 BPAC Loan Repayment in full

 

 

Further to the announcement of 27 June 2019, the Directors of Rurelec PLC (AIM: RUR) announce that on Friday 20 December the Company made the final payment of principal and interest of £160,428.08 on the remaining temporary loan facility provided by Bridge Properties (Arena Central) Limited ("BPAC") which has now been repaid in full.

 

BPAC has undertaken to release its debenture over all of Rurelec's assets.

 

For further information please contact:

 

Rurelec PLC

W H Ireland (Nomad & Broker)

Simon Morris, Director

Andy Coveney, Director

 

Katy Mitchell

Lydia Zychowska

 

Tel: 020 7549 2839/40

Tel: 020 7220 1666

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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