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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Infrastructure India Plc | LSE:IIP | London | Ordinary Share | IM00B2QVWM67 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.035 | 0.02 | 0.05 | 0.035 | 0.027 | 0.035 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Trust,ex Ed,religious,charty | -2.2M | -140.03M | -0.2053 | 0.00 | 204.63k |
From Apr 2019 to Apr 2024
TIDMIIP TIDMTTM
RNS Number : 4108N
Infrastructure India plc
08 August 2017
8 August 2017
Infrastructure India plc
("IIP" or the "Company" or, together with its subsidiaries, the "IIP Group")
Update on Financing and Annual Results
Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that it is continuing its discussions with GGIC, Ltd and is progressing its discussions with other third party providers of finance in relation to the provision of new funding which would enable the Company to repay the US$17 million working capital loan facility provided by GGIC, Ltd in April 2013 (repayable on 30 September 2017) and the US$8 million bridging loan facility provided by Cedar Valley Financial in June 2017 (repayable at the earlier of being demanded by Cedar Valley Financial and 30 September 2017) as well as provide additional working capital and construction capital to DLI and the IIP Group's general working capital needs.
The Company has been preparing its annual results for publication but will only be able to release these after the financing arrangements under discussion have been successfully concluded.
The Board will provide further updates, as appropriate, in due course.
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
- Ends -
Enquiries:
Infrastructure India plc www.iiplc.com Sonny Lulla Via Cubitt Consulting Smith & Williamson Corporate Finance Limited Nominated Adviser & Joint Broker Azhic Basirov / Ben Jeynes +44 (0) 20 7131 4000 Nplus1 Singer Advisory LLP Joint Broker James Maxwell - Corporate Finance James Waterlow - Investment Fund Sales +44 (0) 20 7496 3000 Cubitt Consulting Limited Financial Public Relations Simon Brocklebank-Fowler +44 (0) 20 7367 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUGURPRUPMGUR
(END) Dow Jones Newswires
August 08, 2017 06:29 ET (10:29 GMT)
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