8th Mar 2011 07:00
8 March 2011
OPSEC SECURITY GROUP PLC
("OpSec" or "the Group")
Extension of loan repayment premium date
OpSec Security Group plc, the supplier of anti-counterfeiting technologies and services, announces today that on 7 March 2011 it received a signed agreement from Orca Holdings Limited ("Orca") extending the deadline for the commencement of the repayment premium on the loan note held by Orca. The agreement extends the deadline for the 10% premium from 30 June 2011 to 30 September 2011. Under the terms of the loan agreement, which was entered into on 8 March 2010, Orca agreed to provide a US$13.0 million secured dollar debt facility to the Company. Further details of the terms of the loan agreement can be found in the announcement made by the Company on 1 February 2010.
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For further information, please contact:
OpSec Security Group plc Mark Turnage, Chief Executive / Mike Angus, Finance Director | +1 720 394 2803 |
Shore Capital & Corporate Ltd Dru Danford / Stephane Auton / Edward Mansfield | +44 20 7408 4090 |
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