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LightwaveRF Gets GBP1.1 Million Working Capital Loan From Santander

Wed, 25th May 2016 08:49

LONDON (Alliance News) - LightwaveRF PLC on Wednesday said it has secured a new GBP1.1 million working capital facility with Santander bank.

Lightwave said all of its banking facilities will move over to Santander, and the funds will be used to back growth in the company's UK and international distribution presence.

Shares in Lightwave were up 5.3% to 14.61 pence Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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