10th Jun 2016 07:00
10 June 2016
Ten Alps Plc
("Ten Alps", the "Company" or the "Group")
Loan Agreement
Ten Alps, trading as Zinc Media, the TV and multimedia content producer, announces that Herald Investment Trust plc ("Herald"), a substantial shareholder of the Company and a holder of certain of Ten Alps' long term debt obligations, has agreed to extend the £750,000 short-term unsecured loan note (the "Loan") held by it. The Loan, details of which were originally announced on 8 February 2016, will be extended for a further term of six months. All other terms remain unchanged.
For further information please contact:
Ten Alps Plc +44 (0) 20 7878 2311
Mark Wood, CEO
David Galan, CFO
c/o Emer Donohoe
www.zincmedia.com
N+1 Singer (NOMAD and Broker to Ten Alps) +44 (0) 20 7496 3000
Shaun Dobson / Lauren Kettle
Related Shares:
Zinc Media