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Update re financing

2nd Jul 2012 07:00

RNS Number : 5793G
Kedco PLC
02 July 2012
 



 

Press release

2 July 2012

 

 

Kedco plc

("Kedco" or the "Company")

 

2012 Zero-Coupon Loan Notes

 

Kedco plc, (AIM:KED) the renewable energy group focusing on the production of clean energy in the UK and Ireland, announces that the Company has sought and received an extension of the repayment date on the 2012 Zero-Coupon Secured Loan Notes (the "Loan Notes") from 1 July 2012 to 31 October 2012. On 5 July 2010 the Company announced that it had raised €3.2 million (£2.6 million) from the issue of 3,588,583 zero-coupon, secured loan notes. The Loan Notes, which had a subscription price of £0.72, were to be redeemed at par value (being £1) on 1 July 2012.

 

- Ends -

For further information:

 

Kedco plc

+353 (0)21 483 9104

Gerry Madden, Interim CEO and Finance Director

Deloitte Corporate Finance - Nomad

+44 (0)20 7936 3000

Jonathan Hinton / David Smith

SVS Securities plc - Broker

+44 (0)20 7638 5600

Ian Callaway / Alex Mattey

Abchurch Communications

+44 (0)20 7398 7714

Joanne Shears/Oliver Hibberd

 

 

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