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1 Apr 2026 07:00
1 April 2026
Sutton Harbour Group plc
("Sutton Harbour" or the "Company")
Bank Facility Amendment
The Company announces that National Westminster Bank plc (the "Bank") has agreed that repayment of £6.5m of the Company's bank loan (the "Facility") which was due by 31 March 2026, has been rescheduled and is now repayable by 30 September 2026.
The Board of Sutton Harbour continues to progress its plans to reduce debt and refinance the Company and remains in regular contact with the Bank. The current banking facility expires on 30 December 2026.
For further information, please contact:
Sutton Harbour Group plc Philip Beinhaker - Executive Chairman Corey Beinhaker - Chief Operating Officer Natasha Gadsdon - Finance Director | +44 (0) 1752 204186 |
Strand Hanson Limited (Nominated & Financial Adviser and Broker) James Dance Richard Johnson | +44 (0) 20 7409 3494 |
Notes to Editors
Sutton Harbour Group plc (SUH) is an AIM quoted company specialising in marine operations, waterfront regeneration and destination creation in Plymouth and Southwest England.
The Company operates Sutton Harbour Marina, King Point Marina and Plymouth Fisheries. Operational activities include mixed-use lettings, car parking and support services to harbour users, property management and regeneration and asset enhancement.
Sutton Harbour Group plc is committed to being the leading marine and waterfront regeneration specialist in Southern England, and to positioning Sutton Harbour in Plymouth as a destination of national interest.
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