Amendment to Loan Note Facility

 

TIDMMWH 
 
RNS Number : 4745Q 
Millwall Holdings PLC 
03 August 2010 
 
              Millwall Holdings plc ("Millwall" or the "Company") 
 
                        Amendment to Loan Note Facility 
 
The Company has completed an amendment to the Secured Convertible NFL Loan Notes 
2010 dated 28 March 2007 ("NFL Loan Notes"). The following amendments to the NFL 
Loan Notes were agreed: 
 
1)   the repayment date of the NFL Loan Notes has been extended to 31 July 2011, 
or earlier if at least GBP1,500,000 gross funds are raised in an equity issue; 
 
2)   the interest rate has increased from 9 per cent. to 11 per cent. per annum 
for the period from the original repayment dates in July and August 2010 to the 
new repayment date; and 
 
3)   interest accruing after the original repayment dates shall either (i) be 
payable quarterly in cash; or (ii) at the option of the Company and subject to 
the Company having obtained all necessary shareholder consents, in payment in 
kind notes. 
 
Other than those terms stated above, the principal terms of the NFL Loan Notes 
remain the same. 
 
 
Contacts: 
 
Millwall:                                     Andy Ambler / Tom Simmons 
                                                020 7232 1222 
 
 
Seymour Pierce:                        Jeremy Porter / Tom Sheldon 
                                                020 7107 8000 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCUGURWRUPUGAW