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MENA Mena Land Plc

145.00
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mena Land Plc LSE:MENA London Ordinary Share GB00BFZN8V50 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 145.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MENA Land PLC Loan Facility (2209D)

24/06/2019 1:12pm

UK Regulatory


Mena Land (LSE:MENA)
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From Jul 2019 to Jul 2024

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TIDMMENA

RNS Number : 2209D

MENA Land PLC

24 June 2019

MENA Land PLC

Loan Facility

MENA Land PLC (the "Company") is pleased to announce that on 24 June 2019 it signed a loan facility agreement with Blue Rock Investments LLC ("Blue Rock") (the "Facility").

The Facility is for a principal amount of GBP100,000 for a period of five years and carries an interest coupon of 5% per annum.

Khalifa Hasan Ali Saleh Al Hammadi, who owns 100% of the issued share capital of ME Land Company PLC, which in turn owns 70% of the issued share capital of the Company, owns 50% of the issued share capital of Blue Rock. As a result, the Company entering into the Facility constitutes a material related party transaction under clause 7.3.8 of the Disclosure and Transparency Rules.

Enquiries:

 
MENA Land PLC 
John-Paul Etheridge  00 971 50 454 2608 
                      www.mena-land.com 
 

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

AGRGMGZVZDRGLZM

(END) Dow Jones Newswires

June 24, 2019 08:12 ET (12:12 GMT)

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