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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Alpha Group International Plc | LSE:ALPH | London | Ordinary Share | GB00BF1TM596 | ORD 0.2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.00 | 0.48% | 2,100.00 | 2,070.00 | 2,080.00 | 2,100.00 | 2,050.00 | 2,100.00 | 152,511 | 16:35:28 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | 185.96M | 88.83M | 2.0504 | 10.14 | 901.09M |
TIDMALPH
RNS Number : 7855N
Alpha Pyrenees Trust Limited
31 October 2016
31 OCTOBER 2016
ALPHA PYRENEES TRUST LIMITED
("ALPHA PYRENEES" OR THE "TRUST")
BORROWINGS EXTENDED TO 31 OCTOBER 2018
Further to the announcement on 15 April 2016 regarding the extension of the Trust's loan facilities with Barclays Bank PLC ("Barclays") to 31 October 2016, the Board of Alpha Pyrenees is pleased to report that a new extension has been agreed and the maturity date of all its remaining borrowings (EUR89.8m) has now been extended to 31 October 2018.
The current interest rates will continue to apply to the facilities during the extension period. Arrangement fees (charged at 2% per annum pro-rated) on the initial and all extensions up to 15 April 2016 will be deferred to the new maturity date and will be payable to the extent that the Trust has sufficient cash funds at that time. No additional arrangement fee has been charged for the new extension period.
The Trust has the support of its lender for an orderly realisation of its remaining six investment properties with a view to winding up the Trust's group in due course.
The Trust will provide further updates in due course.
For further information:
Serena Tremlett, Chairman, Alpha Pyrenees Trust Limited 01481 231100 Paul Cable, Fund Manager, Alpha Real Capital LLP 020 7391 4700
For more information on the Trust, please visit www.alphapyreneestrust.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPGGPUUUPQGAR
(END) Dow Jones Newswires
October 31, 2016 03:00 ET (07:00 GMT)
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