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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| The Parkmead Group Plc | AQSE:PMG.GB | Aquis Stock Exchange | Ordinary Share | GB00BGCYZL73 | Ordinary Shares 15p |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 3.92% | 13.25 | 11.00 | 14.00 | 13.44 | 12.50 | 12.75 | 15,000 | 14:29:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMPMG
RNS Number : 5015G
Parkmead Group (The) PLC
26 July 2021
26 July 2021
The Parkmead Group plc
("Parkmead" or "the Company")
Extension of Loan
The Parkmead Group plc is pleased to announce a 24-month extension to the interest-bearing loan to Energy Management Associates Limited ("EMAL") of GBP2.9 million (the "Loan") ahead of the expiry of the loan on 27 July 2021. By providing this facility, Parkmead benefits from an exclusive arrangement to join EMAL in new ventures being evaluated by the Company, including inter alia potential opportunities relating to renewable energies. The Loan will continue to bear a fixed interest rate of 2.5 per cent per annum, payable to Parkmead. The entry by the Company into the Loan extension with EMAL, in which Tom Cross is a director and shareholder, is a related party transaction for the purposes of Rule 13 of the AIM Rules. The Directors (other than Tom Cross), having consulted with FinnCap, consider that such arrangements with EMAL are fair and reasonable insofar as the Company's shareholders are concerned.
Enquiries:
The Parkmead Group plc +44 (0) 1224 622200 Ryan Stroulger (Chief Financial Officer) finnCap Ltd (NOMAD and Broker to Parkmead) +44 (0) 20 7220 0500 Marc Milmo / Seamus Fricker - Corporate Finance Andrew Burdis / Barney Hayward - ECM
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END
MSCFZGZNDVVGMZM
(END) Dow Jones Newswires
July 26, 2021 10:45 ET (14:45 GMT)
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