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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ide Group Holdings Plc | LSE:IDE | London | Ordinary Share | GB00BN4M3M55 | 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% | 72.50 | 70.00 | 75.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2022 to Apr 2024
TIDMIDE
RNS Number : 5133I
IDE Group Holdings PLC
19 April 2022
IDE Group Holdings Plc
("IDE" or the "Company")
Loan Notes
On 8(th) December the Company announced a short-term loan of GBP1m from MXC to IDE Group Holdings. The arrangement called for the loan and interest to be repaid by March 31(st) or it would revert to the same terms as the existing loan notes. The loan was not repaid and accordingly the short-term loan has now adopted the same terms as the loan notes announced on 10(th) January 2019.
This brings the total potential indebtedness of the Company via these loan notes once matured to a total of GBP25,899,798. All loan notes remain covenant free. MXC has begun exploratory conversations with IDE Group, with a view to converting its loan notes into equity.
Contacts:
IDE Group Holdings Plc Tel: +44 (0)344 874 Andy Parker, Non-Executive Chairman 1000 finnCap Limited Tel: +44 (0)20 7220 Nominated Adviser and Broker 0500 Corporate finance: Jonny Franklin-Adams/ Abby Kelly ECM: Tim Redfern/ Richard Chambers
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END
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(END) Dow Jones Newswires
April 19, 2022 02:01 ET (06:01 GMT)
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