New Short Term Loan Facility

RNS Number : 8412F

Rurelec PLC

01 August 2016

 

Rurelec PLC

("Rurelec" or the "Company")

 New 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 Company has been granted a new ninety day facility by Bridge Properties (Arena Central) Limited ("BPAC") of GBP 400,000 secured by the existing debenture over the assets of the Company and will bear interest at a rate, pro rata, of eighteen per cent per annum.

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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