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HSBC Payment Deferral

15th May 2009 07:00

RNS Number : 2959S
Pan Pacific Aggregates PLC
15 May 2009
 



PAN PACIFIC AGGREGATES PLC 

HSBC PAYMENT DEFERRAL

Further to the announcement made on 1 May 2009, the Company announces that HSBC has agreed to further defer payment of the C$150,000 writ outstanding until 28 May 2009.

William Voaden, Managing Director made the following comment:

"Further to the announcements made on 27 March 2009 and 1 May 2009, we have since made significant fundraising progress and expect to make a further announcement shortly."

A further announcement will be made as soon as practicable

For further information please see the Company's web site, www.panagg.com or contact:

Pan Pacific Aggregates plc

Tel: +44 (0) 20 7096 9580

William Voaden

Dowgate Capital Advisers Ltd

Tel: +44 (0) 20 7492 4777

James Caithie / Aaron Smyth

VSA Capital Limited

Tel: +44 (0) 20 7096 9589

Paul Backhouse

Lothbury Financial Limited

Tel: +44 (0) 20 7011 9411

Michael Padley / Libby Moss

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