Ten Alps PLC Loan Agreement (8005A)
June 10 2016 - 2:00AM
UK Regulatory
TIDMTAL
RNS Number : 8005A
Ten Alps PLC
10 June 2016
10 June 2016
Ten Alps Plc
("Ten Alps", the "Company" or the "Group")
Loan Agreement
Ten Alps, trading as Zinc Media, the TV and multimedia content
producer, announces that Herald Investment Trust plc ("Herald"), a
substantial shareholder of the Company and a holder of certain of
Ten Alps' long term debt obligations, has agreed to extend the
GBP750,000 short-term unsecured loan note (the "Loan") held by it.
The Loan, details of which were originally announced on 8 February
2016, will be extended for a further term of six months. All other
terms remain unchanged.
For further information please contact:
Ten Alps Plc +44 (0) 20 7878 2311
Mark Wood, CEO
David Galan, CFO
c/o Emer Donohoe
www.zincmedia.com
N+1 Singer (NOMAD and Broker to Ten Alps) +44 (0) 20 7496 3000
Shaun Dobson / Lauren Kettle
This information is provided by RNS
The company news service from the London Stock Exchange
END
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