Loan Agreement

RNS Number : 1431S
MJ Hudson Group PLC
07 March 2023
 

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

 

Loan Agreement

 

 

MJ Hudson Group plc (AIM:MJH), the specialist service provider to the asset management industry, announces that, on  6 March 2023, the Company reached an agreement with its existing Senior Lender to provide a further short term overdraft facility in the amount of £1.75m in order to provide the Company with additional working capital. The short term facility will bear 5% interest plus the Bank of England's base rate per annum, plus additional fees as agreed with the Senior Lender.

 

 

 

 

For further information, please contact:

 

MJ Hudson Group plc

Geoff Miller, Executive Chairman

 

Cenkos Securities plc (Nomad and Broker)

Giles Balleny

Stephen Keys

Callum Davidson

+44 20 7397 8900

 

Buchanan (PR Adviser)

Chris Lane

Jack Devoy

George Cleary

+44 20 7466 5000

mjhudson@buchanan.uk.com

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCSSUSUWEDSEFD

Companies

MJ Hudson Group NPV (MJH)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today