Loan Repayment
Updated : 14:55
30 May 2019
Rurelec PLC
("Rurelec" or the "Company")
Bridge Properties (Arena Central) Limited Loan Repayment and Full Repayment of Loan by Energia del Sur, S.A.
Further to the announcement of 7 May 2019, the Directors of Rurelec PLC (AIM: RUR) announce that yesterday they made a further principal and interest to date repayment of £250,000 on the remaining temporary loan facility provided by Bridge Properties (Arena Central) Limited ("BPAC"). The total amount now outstanding is principal of £396,602.54.
At the same time, Energia del Sur, S.A. ("EdS") has now repaid in full the outstanding loan interest (US $137,000) and associated fees (US $157,000) owed to Rurelec Project Finance Limited ("RPFL").
For further information please contact:
Rurelec PLC | W H Ireland (Nomad & Broker) |
Simon Morris, Director Andy Coveney, Director
| Katy Mitchell Lydia Zychowska
|
Tel: 020 7025 8026/8 | Tel: 020 7220 1666 |
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