MJ Hudson Group PLC Loan Agreement (1431S)

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RNS Number : 1431S

MJ Hudson Group PLC

07 March 2023

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

Loan Agreement

MJ Hudson Group plc (AIM:MJH), the specialist service provider to the asset management industry, announces that, on 6 March 2023, the Company reached an agreement with its existing Senior Lender to provide a further short term overdraft facility in the amount of GBP1.75m in order to provide the Company with additional working capital. The short term facility will bear 5% interest plus the Bank of England's base rate per annum, plus additional fees as agreed with the Senior Lender.

For further information, please contact:

MJ Hudson Group plc

Geoff Miller, Executive Chairman

Cenkos Securities plc (Nomad and Broker)

Giles Balleny

Stephen Keys

Callum Davidson

[phone]

Buchanan (PR Adviser)

Chris Lane

Jack Devoy

George Cleary

[phone]

[e-mail]

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March 07, 2023 05:00 ET (10:00 GMT)