29 Jun 2018 12:30
29 June 2018
AIM: FISH
FISHING REPUBLIC PLC
("Fishing Republic" or the "Company")
Loan Agreement
Fishing Republic, the fishing tackle retailer, announces that it has agreed a secured loan of £500,000 from existing shareholders (the "Loan"). The Loan, which is charged at nine per cent. per annum, is repayable after one year. The Company has no other borrowings.
This funding will be used to provide additional working capital for the Company as it enters the busiest part of the fishing season. As previously announced, the Company will provide an update on trading on 11 July 2018, the date of its Annual General Meeting.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries
Fishing Republic plc | T: 020 3178 6378 (c/o KTZ Communications) |
James Newman, Executive Chairman |
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KTZ Communications Limited | T: 020 3178 6378 |
Katie Tzouliadis, Emma Pearson |
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Northland Capital Partners Limited | T: 020 3861 6625 |
Nominated Adviser and Broker |
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Matthew Johnson, Jamie Spotswood, David Hignell (Corporate Finance) |
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John Howes (Corporate Broking) |
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