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New Short Term Loan Facility

1st Aug 2016 11:57

RNS Number : 8412F
Rurelec PLC
01 August 2016
 

Rurelec PLC

("Rurelec" or the "Company")

 New Short Term Loan Facility

The Directors of Rurelec PLC (AIM: RUR), the owner, operator and developer of power generation capacity internationally, are pleased to announce that the Company has been granted a new ninety day facility by Bridge Properties (Arena Central) Limited ("BPAC") of GBP 400,000 secured by the existing debenture over the assets of the Company and will bear interest at a rate, pro rata, of eighteen per cent per annum.

For further information please contact:

Rurelec PLC

W H Ireland

Simon Morris, Director

Paul Shackleton and James Bavister

Tel: 020 7025 8026/8

Tel: 020 7220 1666

 

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

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