Vulcan Industries Plc Secured Loans - Term extension
April 11 2022 - 6:13AM
UK Regulatory
TIDMVULC
11 April 2022
Vulcan Industries plc
("Vulcan" or the "Company")
Secured Loans - Term extension
Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has reached
agreement with the provider of two secured loans to extend their repayment
dates for an additional twelve months' period.
The loan principals of £1,225,000 and £629,000 will now mature on 16 April
2023 and 4 July 2023 respectively.
All other terms of these loan agreements remain unchanged.
These term extensions will enable the Company to conclude discussions to
strengthen the liquidity profile of its balance sheet.
The Company's directors take full responsibility for this announcement.
For further information, visit: https://vulcanplc.com
Contacts
Vulcan Industries plc Via Vox Markets
Ian Tordoff, Chairman
First Sentinel Corporate Finance Ltd (AQSE +44 7876 888 011
Corporate Adviser)
Brian Stockbridge
Gabrielle Cordeiro
Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk
Kat Perez +44 7881 622 830
Paul Cornelius + 44 7866 384 707
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable
engineering, manufacturing, and industrial SMEs for value and to enhance this
value in part through group synergies, but primarily by unlocking growth which
is not being achieved as a standalone private company.
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory
Information Service, this inside information is now considered to be in the
public domain.
END
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April 11, 2022 07:13 ET (11:13 GMT)
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