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PGO Proven Growth

62.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Proven Growth LSE:PGO London Ordinary Share GB00B5B7YS03 ORD 1.6187P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 62.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 62.50 GBX

Proven Growth & Income Vct (PGO) Latest News

Proven Growth & Income Vct (PGO) Discussions and Chat

Proven Growth & Income Vct Forums and Chat

Date Time Title Posts
19/6/200818:49Remember Philipeano Gold - Now Thistle Mining (CAN)5
28/10/199917:06Phillipine Gold1

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Proven Growth & Income Vct (PGO) Most Recent Trades

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Proven Growth & Income Vct (PGO) Top Chat Posts

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Posted at 06/5/2008 09:28 by takeatip
Another good sale pity we could not of held onto I Level for another year, feel it would of been far higher a price.
Posted at 28/10/1999 17:06 by extranetimplorer
28 October 1999

PHILIPPINE GOLD PLC ("PGO" or the "Company"))

ASSIGNMENT AND AMENDMENT OF TERMS OF SECURED LOAN FACILITY

Contact: Geoff Davies - Philippine Gold Plc 00-61-8-9322-6776

Further to the announcement of 8 October 1999, PGO is pleased to announce the
completion of the assignment of the Company's secured loan facility from
Golden Valley Mines NL ("GVM") to Thistle Mining Inc ("Thistle"), and the
amendment of certain of the terms.

With effect from 27 October 1999 the loan facility is amended as follows:

* the facility limit has been increased from A$ 7.5 million to A$ 10.4
million. Currently indebtedness stands at approximately A$ 9.7 million, thus
a further A$0.7 million is available for drawdown immediately

* the repayment date has been extended to 31 December 1999 from 30 June 1999

In addition, Thistle waives any Events of Default which may have occurred
prior to the date of the assignment of the loan.

PGO has also agreed that Thistle may give PGO notice at any time to convert
some or all of any amount outstanding under the loan facility to PGO shares,
at a conversion price of 5p, subject to any applicable restrictions on PGO
under the AIM Rules or the Companies Act. If any shareholder approval is
required under the AIM Rules or the Companies Act then PGO is to take all
necessary steps to obtain any necessary independent expert's reports and hold
a shareholders meeting to seek the necessary approvals within 45 days of a
notice to convert from Thistle.

The directors of PGO, who have consulted with the Company's nominated adviser
Grant Thornton, consider that the terms of the amended loan facility agreement
are fair and reasonable so far as the shareholders of the Company are
concerned.

END
Proven Growth & Income Vct share price data is direct from the London Stock Exchange

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