ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ARE Arena Events Group Plc

20.75
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arena Events Group Plc LSE:ARE London Ordinary Share GB00BF0HYJ24 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Arena Events Repays Finance Facility

21/07/2021 9:05am

Dow Jones News


Arena Events (LSE:ARE)
Historical Stock Chart


From Apr 2021 to Apr 2024

Click Here for more Arena Events Charts.

By Anthony O. Goriainoff

 

Arena Events Group PLC said Wednesday that it has repaid and canceled its short-term financing facility in full--as well as 500,000 pounds ($681,500) of compound interest--and that repayment was made from its existing cash resources.

The London-listed event-services provider said that the GBP2.0 million facility had been provided by significant shareholder Lombard Odier Investment Management and that, although it was due for repayment on Sept. 25, it was repaid on July 19.

"This decision will reduce the ongoing finance costs of the company by approximately GBP400,000 on an annualized basis," the company said.

Shares at 0725 GMT were flat at 15.50 pence.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

July 21, 2021 03:53 ET (07:53 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Arena Events Chart

1 Year Arena Events Chart

1 Month Arena Events Chart

1 Month Arena Events Chart

Your Recent History

Delayed Upgrade Clock