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IN BRIEF: Gitone Repays Thalassa EUR5.5 Million Loan

Tue, 29th Sep 2020 20:44

Thalassa Holdings Ltd - British Virgin Islands-based investment holding company - Says Gitone Beteiligungsverwaltungs GmbH has repaid its EUR5.5 million loan, together with accrued interest of EUR26,927. Having decided not to exercise its conversion option, Thalassa "therefore has no further participation in Gitone and its assets". Thalassa's current assets amount to USD16.5 million, including the loan repayment.

Current stock price: 61.00 pence

Year-to-date change: down 5.4%

By Lucy Heming;Â lucyheming@alliancenews.com

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