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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ceps Plc | LSE:CEPS | London | Ordinary Share | GB00B86TNX04 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.00 | 15.00 | 25.00 | 20.00 | 20.00 | 20.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Fabricated Rubber Pds, Nec | 26.45M | 460k | 0.0219 | 9.13 | 4.2M |
From Apr 2019 to Apr 2024
TIDMCEPS
RNS Number : 5328M
CEPS PLC
22 January 2021
22 January 2021
CEPS PLC
("CEPS" or the "Company")
Related Party Transaction
CEPS plc announces that David Horner, a director of the Company, agreed on 21 January 2021 to provide a loan facility (the "Loan Facility") to the Company of an additional GBP100,000 (in addition to the loan of GBP125,000 announced on 14 May 2020, the loan of GBP100,000 announced on 28 August 2020 and the loan of GBP425,000 announced on 1 October 2020) for general working capital for the Company due to the ongoing current COVID-19 situation .
The Loan Facility, which is unsecured, carries zero interest and has no fixed repayment date, is deemed to be a Related Party Transaction pursuant to AIM Rule 13 as David Horner is a director of the Company. The directors of the Company who are considered independent for the purposes of the Loan Facility, having consulted with the Company's nominated adviser, Cairn Financial Advisers LLP, consider the terms of the Loan Facility to be fair and reasonable insofar as the Company's shareholders are concerned.
The announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
The Directors of the Company accept responsibility for the content of this announcement.
Enquiries
CEPS PLC David Horner, Chairman +44 1225 483030 Cairn Financial Advisers LLP James Caithie / Sandy Jamieson / Ludovico Lazzaretti +44 20 7213 0880
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END
MSCSEWESFEFSESF
(END) Dow Jones Newswires
January 22, 2021 02:00 ET (07:00 GMT)
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