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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
China Food Co. | LSE:CFC | London | Ordinary Share | GB00B290WV95 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCFC
RNS Number : 1651A
China Food Company PLC
18 December 2014
Press Release 18 December 2014
China Food Company Plc
("China Food", the "Group" or the "Company")
Loan Note extension
China Food Company Plc (AIM: CFC), a leading Chinese manufacturer of cooking and dipping sauces, announces that it has now agreed with the required majority of the loan note holders of the GBP5.7 million of Convertible Loan Notes of GBP1,000 each outstanding ("Loan Notes"), that the redemption date has been extended to 31(st) January 2015, and subject to progress on the disposal, the loan-note holders have agreed to extend the loan notes for a further three months to 30(th) April 2015. All other terms of the Loan Notes are unchanged.
As previously notified, the Company intends to redeem the Loan Notes from the proceeds arising from the sale of either its operating businesses. Without a sale of the operating businesses the Company will not have sufficient funds to redeem the Loan Notes.
- Ends -
For further information:
China Food Company Plc John McLean, Chairman Tel: +44 (0) 7768 031 454 www.chinafoodcompany.com finnCap Geoff Nash Tel: +44 (0) 20 7220 0500 Numis Securities David Poutney (Broker) Tel: +44 (0) 20 7260 1000
Media enquiries:
Abchurch Communications Henry Harrison-Topham / Canace Wong Tel: +44 (0) 20 7398 7702 henry.ht@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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