Extension of Jim Mellon's loan25 Mar 2011 12:23
18th March:
Speymill Deutsche Immobilien Company plc (AIM: SDIC), the pan-German residential property investment company listed on AIM, announces that, further to the announcement on 21 February 2011, Jim Mellon, a director and substantial shareholder of the Company, has agreed to further extend the term of the loan made in July 2010.
The loan was due to mature on 18 March 2011 but it has now been agreed that it will mature on 30 June 2011. All other terms of the loan remain the same.