3rd Apr 2013 15:36
zamano plc
3 April 2013
zamano plc ("zamano" or the "Company") - Revised Loan Arrangement and Related Party Transaction
zamano, a leading provider of interactive applications and services to mobile devices, is pleased to announce that it has entered into a loan agreement with Bank of Ireland pursuant to which it will borrow €800,000 on a three year facility from the bank. The funds received have been used to fully discharge the Company's existing liability to Pageant Holdings Limited ("Pageant") which arose following Pageant's acquisition of zamano's loan facility with Bank of Scotland (Ireland) Limited in December 2012.
zamano plc
Pat Landy, Chief Executive Officer
Michael Connolly, Company Secretary
Tel: +353 1 554 7313
NCB Corporate Finance
Shane Lawlor
Tel: +353 1 611 5611
Cenkos Securities
Jon Fitzpatrick
Tel: +44 (0) 20 7397 1951
Alan Stewart
Tel: +44 (0)131 220 6939
Related Shares:
Zamano