15 Nov 2013 15:50
RNS Number : 2012T
HydroDec Group plc
15 November 2013
15 November 2013
Hydrodec Group plc
("Hydrodec" or the "Company")
Repayment of unsecured loan stock
Following the successful completion of its recent placing of new ordinary shares and in line with its intent announced on 21 October 2013, the Company has today repaid the outstanding principal and accrued interest to the holders of the £12.79 million of unsecured loan stock. As a result, the parent Company is now debt free.
For further information please contact:
Hydrodec Group plc | 020 7907 9220 |
Mike Preen, Head of Corporate and Legal Affairs | |
Peel Hunt LLP (Nominated adviser and broker) | 020 7418 8900 |
Richard Kauffer | |
Daniel Harris | |
Vigo Communications (PR adviser to Hydrodec) | 020 7016 9570 |
Patrick d'Ancona Chris McMahon |
This information is provided by RNS
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