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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Autins Group Plc | LSE:AUTG | London | Ordinary Share | GB00BD37ZH08 | ORD GBP0.02 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 11.00 | 10.00 | 12.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Motor Vehicle Part,accessory | 22.68M | -913k | -0.0167 | -6.59 | 6.01M |
From Apr 2019 to Apr 2024
TIDMAUTG
RNS Number : 3017S
Autins Group PLC
08 July 2020
08 July 2020
Autins Group plc
(the "Company" or the "Group")
Completion of CBILs Funding
Autins Group plc (AIM: AUTG), UK based manufacturer of the patented Neptune melt-blown material and specialist in the design, manufacture and supply of acoustic, filtration (PPE) and thermal insulation solutions, announces that further to the update given on 29th June, the Company is pleased to confirm that the CBILS loan documentation has been completed and that it has now received GBP2.75m of CBILS funds.
The funding consists of two loans. The first is a 12 month bullet loan repayable as a lump sum at the end of its term for GBP0.75m. The second loan of GBP2m is a term loan repayable over 6 years, with no capital repayments required until month 15. Both loans are eligible for British Business Bank interest support for the first 12 months.
A trade finance facility of GBP0.3m will now also be made available to us. In total the Group will have an additional GBP3.05m of banking facilities, which can be utilised within the UK.
For further information please contact:
Autins Group plc Via Newgate Gareth Kaminski-Cook, Chief Executive Kamran Munir, Chief Financial Officer N+1 Singer Tel: 020 7496 3000 (Nominated Adviser and Broker) Mark Taylor / Carlo Spingardi Newgate Communications Tel: 020 7653 9850 (Financial PR) Adam Lloyd Tom Carnegie
About Autins
Autins is a UK based manufacturer of the patented Neptune melt-blown material and specialises in the design, manufacture and supply of acoustic, filtration and thermal products. Its key markets are automotive, flooring, office furniture, PPE and face mask products.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
July 08, 2020 02:00 ET (06:00 GMT)
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