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Update on Loan Agreement

5th Mar 2026 13:00

RNS Number : 5455V
Secure Property Dev & Inv PLC
05 March 2026
 

Secure Property Development & Invest PLC/ Index: AIM / Epic: SPDI / Sector: Real Estate

 

5 March 2026

 

Secure Property Development & Investment PLC ('SPDI' or 'the Company')

 

Update on Loan Agreement

 

Secure Property Development and Investment PLC (AIM: SPDI), the South Eastern European focused property and investment company, announces, further to its announcement on 5 November 2025, that in line with the initial loan agreement as amended by the heads of terms dated 5 November 2025 with AdvEn Industries, SPDI extended the initial loan repayment date to 28 February 2026 and accordingly the capital amount repayable has increased to ?275,000.

 

As at today's date, AdvEn Industries has not repaid the loan. The Company remains in constructive discussions with AdvEn Industries on agreeing an amended repayment schedule which will also likely form part of an amended heads of terms between the parties. Notwithstanding the discussions on the amended repayment schedule, the Company reserves all rights in respect of enforcing its rights under the loan agreement

 

Further announcements are expected to be made shortly.

 

**ENDS**

For further information please visit www.secure-property.eu or contact:

 

Lambros Anagnostopoulos

SPDI

Tel: +357 22 030783

 

Rory Murphy

Ritchie Balmer

 

Strand Hanson Limited

 

Tel: +44 (0) 20 7409 3494

 

 

Jon Belliss

 

 

AlbR Capital Limited

 

 

 

Tel: +44 (0) 20 7469 0930

 

 

Susie Geliher

Will Turner

St Brides Partners Ltd

Tel: +44 (0) 20 7236 1177

 

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END
 
 
AGRSSUFEIEMSEID

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