Rurelec PLC BPAC Loan Repayment in full (8881X)

TIDMRUR

RNS Number : 8881X

Rurelec PLC

23 December 2019

Rurelec PLC

("Rurelec" or the "Company")

BPAC Loan Repayment in full

Further to the announcement of 27 June 2019, the Directors of Rurelec PLC (AIM: RUR) announce that on Friday 20 December the Company made the final payment of principal and interest of GBP160,428.08 on the remaining temporary loan facility provided by Bridge Properties (Arena Central) Limited ("BPAC") which has now been repaid in full.

BPAC has undertaken to release its debenture over all of Rurelec's assets.

For further information please contact:

 
 Rurelec PLC               W H Ireland (Nomad & Broker) 
 Simon Morris, Director    Katy Mitchell 
  Andy Coveney, Director    Lydia Zychowska 
 Tel: 020 7549 2839/40     Tel: 020 7220 1666

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December 23, 2019 11:05 ET (16:05 GMT)

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