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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 : 4681E
Alpha Pyrenees Trust Limited
10 February 2015
10 February 2015
ALPHA PYRENEES TRUST LIMITED
("ALPHA PYRENEES" OR THE "COMPANY")
BORROWINGS EXTENDED TO 11 MAY 2015
Further to the announcement on 27 January 2015, the Board of Alpha Pyrenees is pleased to report that, following progress in the discussions with the Company's lenders, Barclays Bank PLC ("Barclays"), the maturity date of its borrowings of c EUR271m has been extended to 11 May 2015. The Trust is compliant with its borrowing covenants on the test date of 10 February 2015 and no further covenant tests are scheduled before the amended maturity date. A fee of 0.5% (c EUR1.35m) of the borrowed amount is being charged by Barclays for this extension period and this will be payable at 11 May 2015. The current interest rates will continue to apply to the facilities during the extension period.
This extension of the maturity date provides additional time for the Company to progress refinancing options including the potential refinancing of assets by third party lenders and potential asset sales. The Company will provide further updates in due course.
For further information:
Dick Kingston, 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
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