1st Nov 2007 07:00
Newmark Security PLC01 November 2007 Newmark Security plc (the "Company") Redemption of Loan Notes The euro denominated loan notes issued by way of deferred consideration for theacquisition of Grosvenor Technology in 2002 were due for redemption on 1stNovember 2007. The amount outstanding at the financial year end was £3.561million. As the Chairman's statement with the report and accounts for the yearended 30th April 2007 said this was due to be repaid from cash resources at thetime together with additional bank facilities which were in the process of beingagreed with the Group's bankers. The Board is pleased to announce that the loannotes are due to be redeemed today following finalisation of the relevantbanking facilities which include £1.2 million by way of a loan repayable over 3years. The Company anticipates announcing its interim figures for the 6 months to 31stOctober 2007 in the middle of December as last year. Pursuant to AIM Rule 20, the Company confirms that it posted its report andaccounts for the year ended 30 April 2007 to shareholders on (16 July) 2007. This document continues to be available on the Company's website www.newmarksecurity.com Enquiries: Seymour Pierce LimitedMark Percy 020 7107 8000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Newmark Security