Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOneView Group Regulatory News (ONEV)

  • There is currently no data for ONEV

Short Term Loan Facility

5 Jun 2018 16:29

RNS Number : 3976Q
OneView Group PLC
05 June 2018
 
 

5 June 2018

OneView Group plc

("OneView" or the "Company")

 

Short Term Loan Facility

OneView (AIM: ONEV), one of the retail industry's leading digital transformation software providers for in-store customer service, announces that Hawk Investment Holdings Limited ("Hawk") provided the Company with a loan facility (the "Loan") of $225,000 on 1 June 2018. The Loan is for a term of 30 days. The Loan is unsecured and interest is charged at 1% per month. The Loan was provided to meet the short term working capital needs of the Company and can be repaid at any time.

Following the drawdown of the Loan, the Company's outstanding debt is in aggregate $1,755,000 comprising the short term loan facilities provided as announced today and on 22 January 2018, 27 February 2018, 16 March 2018, 29 March 2018, 26 April 2018 and 17 May 2018. In addition, of the existing borrowings, $300,000 which was drawn down on 27 February 2018 and was due for repayment on 28 May 2018, has had the term extended for a further 90 days.

Given the significant shareholding of Hawk, the Loan and the extension of the existing loan are deemed related party transactions under the AIM Rules for Companies. The Directors, having consulted with finnCap, consider that the terms of the Loan and the extension of the existing loan are fair and reasonable insofar as the Company's shareholders are concerned.

Further Details:

 

OneView Group plc

Tel: 01634 673172

Stuart Mitchell, Deputy Chairman

Linda Palanza, CEO

Mark Wilson, Finance Director

finnCap Limited

Tel: 0207 220 0500

Geoff Nash

Kate Bannatyne

Turner Pope Investments

Tel: 020 3621 4120

Ben Turner

James Pope

Newgate Communications

Tel: 020 7653 9848

Bob Huxford

James Browne

 

 

About OneView Commerce

OneView Commerce is a pioneer in digital store transformation, helping global retailers implement successful unified commerce strategies that centre on the critical engagement in store. The company's cloud-based Digital Store Platform combines digital-ready point of sale, line busting, and end-to-end unified commerce capabilities, with the ability to capture and deliver the rich content from these store interactions across the retail enterprise. OneView enables the exchange of this powerful store information to immediately impact sales, business operations and the customer experience. Travis Perkins plc, Wickes, and Discount Tire Corporation are among the global retailers revolutionizing their stores with OneView Commerce. For more information, visit www.oneviewcommerce.com.

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
IODUVUVRWWANRAR
Date   Source Headline
24th Jun 20112:58 pmRNSHolding(s) in Company
27th May 20117:00 amRNSUnaudited Interim Statement
12th May 20119:11 amRNSNotice of Results
7th Apr 20117:00 amRNSTrading Statement
22nd Mar 20113:28 pmRNSHolding(s) in Company
7th Mar 20115:49 pmRNSHolding(s) in Company
23rd Feb 20113:23 pmRNSResult of AGM and GM
23rd Feb 20117:00 amRNSAGM Statement
21st Feb 20114:19 pmRNSHolding(s) in Company
28th Jan 20117:00 amRNSIssue of Equity
23rd Dec 20105:13 pmRNSNotice of AGM and Posting ofm Annual Report
21st Dec 20104:30 pmRNSHolding(s) in Company
30th Nov 201010:43 amRNSHolding(s) in Company
23rd Nov 20107:41 amRNSPreliminary Results
10th Nov 20108:03 amRNSLaunch of Revolutionary Q2 Internet Radio
10th Sep 20104:58 pmRNSHolding(s) in Company
10th Sep 20103:06 pmRNSHolding(s) in Company
6th Sep 20102:00 pmRNSYear End Trading Update
2nd Jul 201010:00 amRNSChange of name of adviser
11th May 20101:02 pmRNSHolding(s) in Company
10th May 20107:00 amRNSHalf Yearly Report
28th Jan 20104:25 pmRNSResult of AGM
28th Jan 20107:00 amRNSAGM Statement
23rd Nov 20097:00 amRNSFinal Results
23rd Sep 200910:16 amRNSHolding(s) in Company
10th Sep 20097:00 amRNSTrading Statement
14th May 20097:00 amRNSHalf Yearly Report
24th Feb 20094:52 pmRNSHolding(s) in Company
12th Feb 20094:14 pmRNSHolding(s) in Company
3rd Feb 20091:46 pmRNSResult of AGM
29th Jan 20097:00 amRNSAGM Statement
21st Nov 20082:03 pmRNSDividend Dates
19th Nov 20087:00 amRNSFinal Results
28th Oct 200812:14 pmRNSHolding(s) in Company
10th Sep 20087:00 amRNSTrading Statement
15th Jul 20085:41 pmRNSHolding(s) in Company
15th Jul 20081:58 pmRNSHolding(s) in Company
3rd Jul 20087:00 amRNSTrading Statement
14th Apr 20087:00 amRNSInterim Results
9th Apr 200812:30 pmRNSHolding(s) in Company
4th Apr 20081:53 pmRNSRule 8.3- (armour group)
27th Mar 200812:20 pmRNSEPT Disclosure - AMENDMENT
27th Mar 200811:19 amRNSEPT Disclosure
10th Mar 20086:29 pmRNSRule 8.3-ArmorGrp Int Replace
10th Mar 20082:15 pmRNSRule 8.3- Armor Group PLC
4th Mar 200811:49 amRNSHolding(s) in Company
4th Mar 20087:30 amRNSTrading Statement
11th Feb 20084:47 pmRNSHolding(s) in Company
8th Jan 20082:04 pmRNSHolding(s) in Company
12th Dec 200711:13 amRNSAGM Statement

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.