Extension of Short Term Loan Facility

RNS Number : 0530K

Rurelec PLC

23 December 2015

 

23 December 2015

Rurelec PLC

("Rurelec" or the "Company")

Extension of Short Term Loan Facility

The Directors of Rurelec PLC (AIM: RUR), the owner, operator and developer of power generation capacity internationally, are pleased to announce that the due date for repayment of the short term loan agreement with Radix Investment UK Limited ("the Radix facility" or "the facility") for an amount of £600,000 which was fully drawn down in November has been extended to 30^th June 2016. The Radix facility is secured by debenture over all of Rurelec's assets.

For further information please contact:

Rurelec PLC	W H Ireland
Simon Morris, Director	Paul Shackleton and James Bavister
Tel: [phone]	Tel: [phone]

 

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