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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 |
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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