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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nanoscience | LSE:NAN | London | Ordinary Share | KYG6390E1070 | ORD 0.25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.375 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTMZ
RNS Number : 7481C
Toumaz Limited
20 October 2015
20 October 2015
Toumaz Limited
New GBP5m banking facility
Toumaz Limited (AIM: TMZ, 'Toumaz', or the 'Group'), a pioneer in low-power, wireless semiconductor technologies for healthcare and digital audio, has signed a three year GBP5m term loan with Clydesdale Bank Growth Finance. This is a senior term loan with capital amortisation commencing from June 2016 with no dilution to the equity.
Anthony Sethill, CEO of Toumaz Group, said:
"As we stated in our half years results in September 2015, we expect to be cash generative from the middle of 2016. This loan provides greater resilience to our existing reserves."
Enquiries
Toumaz Limited +44 (0) 207 391 0630 Anthony Sethill, Chief Executive Officer Jonathan Apps, Chief Financial Officer Peel Hunt LLP (Nominated Adviser and Broker) +44 (0) 207 418 8900 Richard Kauffer/Euan Brown Instinctif Partners +44 (0) 207 457 2020 Adrian Duffield/Lauren Foster
About Toumaz (www.toumaz.com)
Toumaz Limited is a pioneer in low-power, wireless semiconductor and software technologies for digital audio and healthcare. The company has two divisions, Frontier Silicon and Sensium Healthcare. Frontier Silicon provides chips, modules and software for digital radio and connected audio devices. Sensium Healthcare develops wireless solutions for patient monitoring.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
October 20, 2015 02:00 ET (06:00 GMT)
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