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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Proven Growth | PGO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 62.50 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 62.50 |
| Top Posts |
|---|
Posted at 19/6/2008 17:49 by takeatip Was hoping for a special divi in respect of the ilg sale with the results. Could of done with the money. |
Posted at 08/2/2008 23:31 by takeatip Another nice pay day 18.5 divi all tax free must rate as the best VCT. |
Posted at 28/10/1999 16:06 by extranetimplorer 28 October 1999
PHILIPPINE GOLD PLC ("PGO" or the "Company")) ASSIGNMENT AND AMENDMENT OF TERMS OF SECURED LOAN FACILITY Contact: Geoff Davies - Philippine Gold Plc 00-61-8-9322-6776 Further to the announcement of 8 October 1999, PGO is pleased to announce the completion of the assignment of the Company's secured loan facility from Golden Valley Mines NL ("GVM") to Thistle Mining Inc ("Thistle"), and the amendment of certain of the terms. With effect from 27 October 1999 the loan facility is amended as follows: * the facility limit has been increased from A$ 7.5 million to A$ 10.4 million. Currently indebtedness stands at approximately A$ 9.7 million, thus a further A$0.7 million is available for drawdown immediately * the repayment date has been extended to 31 December 1999 from 30 June 1999 In addition, Thistle waives any Events of Default which may have occurred prior to the date of the assignment of the loan. PGO has also agreed that Thistle may give PGO notice at any time to convert some or all of any amount outstanding under the loan facility to PGO shares, at a conversion price of 5p, subject to any applicable restrictions on PGO under the AIM Rules or the Companies Act. If any shareholder approval is required under the AIM Rules or the Companies Act then PGO is to take all necessary steps to obtain any necessary independent expert's reports and hold a shareholders meeting to seek the necessary approvals within 45 days of a notice to convert from Thistle. The directors of PGO, who have consulted with the Company's nominated adviser Grant Thornton, consider that the terms of the amended loan facility agreement are fair and reasonable so far as the shareholders of the Company are concerned. END |
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