M&L Property & Assets PLC Asset Manager's Update - Loan Facility
September 02 2015 - 5:20AM
UK Regulatory
TIDMPHU
M&L Property & Assets Plc
Asset Manager's Update - Loan Facility
M&L Property & Assets Plc (the 'Company' or "Group")
Loan Facility & Property Sale/s
Further to the Company's announcement on 17 July 2015, the Group has sold a
further property.
The debt owing to M&M Investment Company Plc ("MMIC") has been reduced by a
further EUR236,510 being the actual cash received (following all sales commission
and tax).
The balance now outstanding to MMIC is currently EUR660,554.
For further information, please contact:
Asset Manager:
Midas Investment Management Limited
Tel: +44 (0) 161 228 1709
Nominated Adviser:
Liam Murray/Jo Turner
Cairn Financial Advisers LLP
Tel: +44 (0) 20 7148 7900
END
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