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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tricorn Group Plc | LSE:TCN | London | Ordinary Share | GB0009716340 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTCN
RNS Number : 6368L
Tricorn Group PLC
14 September 2021
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014, as implemented into English law ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain.
14 September 2021
Tricorn Group PLC ("Tricorn" or "the Company")
Update on USA Payroll Protection Program loan
In the announcements on 12 April 2021 and 19 April 2021, Tricorn Group plc (AIM: TCN.L), the AIM listed tube manipulation specialist, advised that it had received a 2(nd) draw loan as part the USA Payroll Protection Program ("PPP").
This loan, amounting to $0.7m (GBP0.55m), was made to protect US jobs and has been used for employee retention, payroll and other eligible purposes.
The application for forgiveness of this loan was made by the Company in August 2021 and the Company is pleased to announce that, according to the lending bank's administration portal, the PPP loan has been fully forgiven, thereby converting it into a grant.
Enquiries:
Tricorn Group plc www.tricorn.uk.com Andrew Moss, Chairman +44 (0)7768 306 701 Michael Stock, Chief Executive and Group Finance Director +44 (0)7894 784 106
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(END) Dow Jones Newswires
September 14, 2021 02:00 ET (06:00 GMT)
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