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Further Drawdown of Loan to Thread 35 Limited

8th Aug 2017 12:37

RNS Number : 4210N
Orogen PLC
08 August 2017
 

 

Orogen plc

("Orogen" or the "Company")

 

Further Drawdown of Loan to Thread 35 Limited

 

 

Orogen plc (AIM: ORO), announces that a further secured loan of an additional £250,000 has been made to Thread 35 Ltd, on the same terms set out in the announcement of 26 May 2017. The loan has now been drawn down.

 

The total loan outstanding amounts to £750,000.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries:

 

Orogen plc

Adam Reynolds, Non-executive Chairman

 

C/o Walbrook

Cairn Financial Advisers LLP (Nominated Adviser)

Sandy Jamieson / Liam Murray / Richard Nash

 

+44 (0) 20 7213 0880

Turner Pope Investments (TPI) Ltd (Broker)

Ben Turner / James Pope

 

+44 (0) 20 3621 4120

Walbrook (Public Relations and Investor Relations)

Paul Cornelius / Paul McManus

 

+44 (0) 20 7933 8780

 

- End -

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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