Gusbourne PLC Banking facility extension

TIDMGUS

Gusbourne PLC

16 November 2018

16 November 2018

Gusbourne Plc

("Gusbourne", the "Company" or the "Group")

Banking facility extension

The Company announces that it has renewed its existing loan facility of GBP2,025,000 with Barclays Bank PLC for a further 3 years and carries interest at an annual rate of 3% over the Bank of England's base rate. The loan also remains secured over the Group's assets by way of a fixed charge over its land and buildings at Appledore, Kent and a floating charge over all other property and undertakings.

Enquiries:

Gusbourne Plc

   Charlie Holland                                                                 [phone] 

Cenkos Securities plc

   Nicholas Wells / Callum Davidson                                 [phone] 

Note: This announcement and other press releases are available to view at the Company's website: www.gusbourneplc.com

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(END) Dow Jones Newswires

November 16, 2018 02:00 ET (07:00 GMT)