1st Jun 2009 09:50
PAN PACIFIC AGGREGATES PLC
UPDATE ON HSBC PAYMENT DEFERRAL
Further to the announcement made on 15 May 2009, the Company announces that HSBC has agreed to further defer payment of the C$150,000 writ outstanding until 30 June 2009, subject to certain agreed upon and acceptable conditions. The payment will be made out of the net proceeds of the placing which was announced on 22 May 2009.
For further information please see the Company's web site, www.panagg.com or contact:
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Pan Pacific Aggregates plc |
Tel: +44 (0) 20 7096 9580 |
|
William Voaden |
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Dowgate Capital Advisers Ltd |
Tel: +44 (0) 20 7492 4777 |
|
James Caithie / Aaron Smyth |
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VSA Capital Limited |
Tel: +44 (0) 20 7096 9589 |
|
Paul Backhouse |
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Lothbury Financial Limited |
Tel: +44 (0) 20 7011 9411 |
|
Michael Padley / Libby Moss |
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