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Loan Agreement

7 Mar 2023 10:00

RNS Number : 1431S
MJ Hudson Group PLC
07 March 2023
 

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

 

Loan Agreement

 

 

MJ Hudson Group plc (AIM:MJH), the specialist service provider to the asset management industry, announces that, on 6 March 2023, the Company reached an agreement with its existing Senior Lender to provide a further short term overdraft facility in the amount of £1.75m in order to provide the Company with additional working capital. The short term facility will bear 5% interest plus the Bank of England's base rate per annum, plus additional fees as agreed with the Senior Lender.

 

 

 

 

For further information, please contact:

 

MJ Hudson Group plc

Geoff Miller, Executive Chairman

 

Cenkos Securities plc (Nomad and Broker)

Giles Balleny

Stephen Keys

Callum Davidson

+44 20 7397 8900

 

Buchanan (PR Adviser)

Chris Lane

Jack Devoy

George Cleary

+44 20 7466 5000

mjhudson@buchanan.uk.com

 

 

 

 

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MSCSSUSUWEDSEFD
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