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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| MG Capital | LSE:MAP | London | Ordinary Share | GB00B02S3576 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 8730G
MG Capital PLC
28 October 2008
28 October 2008
MG CAPITAL plc
Loan Agreement
The Company announces that its Chairman, Mr. Peter Hannen, has agreed to lend to the Company the sum of £30,000 ("the Loan"). The Loan
is unsecured and the Company may elect to repay the Loan or part of it at any time. The principal amount of the Loan outstanding from time
to time will carry interest at the rate of 6 per cent per annum. The Loan is repayable on receipt of one month's notice from the lender.
With the exception of Mr Hannen, who is involved in the transaction as a related party, the directors of MG Capital consider, having
consulted with the Company's nominated adviser, that the terms of the transaction are fair and reasonable insofar as its shareholders are
concerned.
Enquiries:
Charles Fowler, MG Capital plc 020 7332 2040
Hugh Oram, Nabarro Wells & Co. Limited 020 7634 4705
This information is provided by RNS
The company news service from the London Stock Exchange
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