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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sabien Technology Group Plc | LSE:SNT | London | Ordinary Share | GB00BN6JG812 | ORD 3P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 12.50 | 12.00 | 13.00 | 12.50 | 12.50 | 12.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSNT
RNS Number : 3053G
Sabien Technology Group PLC
28 February 2018
For immediate release
28 February 2018
Sabien Technology Group plc
("Sabien" or the "Company")
Director Loan
As previously announced on 7 December 2017, the Company plans to raise additional equity funding in the early part of 2018 and the Chairman, Bruce Gordon, had confirmed to the Board that he intended to support the Company and participate in any such funding and subscribe for GBP100,000 and further that he would advance his subscription amount with no interest cost to support the Group until the fundraising was complete. Bruce Gordon has provided an additional GBP50,000 on similar terms on 27 February 2018 and the total amount of the advance now amounts to GBP150,000. The additional advance is a related party transaction under the AIM Rules and the Independent Directors consider, having consulted with the Company's Nominated Adviser, that the terms of the additional advance are fair and reasonable insofar as the Company's shareholders are concerned.
This announcement is inside information for the purposes of Article 7 of Regulation 596/20014.
For further information please contact:
Sabien Technology Group plc Alan O'Brien +44(0)20 7993 3700 Beaumont Cornish Limited Michael Cornish / Roland Cornish www.beaumontcornish.com (Nominated Advisor & Broker) +44(0)20 7628 3396
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCTPMRTMBJTBMP
(END) Dow Jones Newswires
February 28, 2018 12:32 ET (17:32 GMT)
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