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LTG Learning Technologies Group Plc

75.60
1.90 (2.58%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Learning Technologies Group Plc LSE:LTG London Ordinary Share GB00B4T7HX10 ORD 0.375P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.90 2.58% 75.60 75.80 76.00 76.80 74.30 75.90 680,710 16:35:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 562.34M 29.45M 0.0372 20.46 602.07M

Learning Technologies Gets GBP20 Million Loan

29/03/2017 5:13pm

Dow Jones News


Learning Technologies (LSE:LTG)
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LONDON--Learning Technologies Group PLC (LTG.LN) said Wednesday it got a 20 million pounds loan ($25.1 million) from Silicon Valley Bank for a period of five years.

The e-learning company said the new loan replaced the $16 million loan with Barclays Bank PLC (BARC.LN).

Some of the money from the new loan will be used to pay for its recent acquisition of NetDimensions Holdings Ltd., the company said.

The company won't need the GBP5 million loan from Chairman Andrew Brode anymore now that it's got this loan, it said.

 

-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

March 29, 2017 11:58 ET (15:58 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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