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Fishing Republic PLC (FISH)

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Friday 29 June, 2018

Fishing Republic PLC

Loan Agreement

RNS Number : 0913T
Fishing Republic PLC
29 June 2018
 

29 June 2018

AIM: FISH

 

 

FISHING REPUBLIC PLC

("Fishing Republic" or the "Company")

 

Loan Agreement

 

Fishing Republic, the fishing tackle retailer, announces that it has agreed a secured loan of £500,000 from existing shareholders (the "Loan").  The Loan, which is charged at nine per cent. per annum, is repayable after one year. The Company has no other borrowings.

 

This funding will be used to provide additional working capital for the Company as it enters the busiest part of the fishing season. As previously announced, the Company will provide an update on trading on 11 July 2018, the date of its Annual General Meeting.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. 

 

Enquiries

Fishing Republic plc

T: 020 3178 6378 (c/o KTZ Communications)

James Newman, Executive Chairman    

 

 

 

KTZ Communications Limited   

T: 020 3178 6378

Katie Tzouliadis, Emma Pearson              

 

 

 

Northland Capital Partners Limited

T: 020 3861 6625

Nominated Adviser and Broker

 

Matthew Johnson, Jamie Spotswood, David Hignell (Corporate Finance)

 

John Howes (Corporate Broking)

 

 

                               


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