Loan Extension with Churchill Media Limited

14 January 2013

Concha plc, the AIM listed investment vehicle, announces that it has agreed a two month extension on the original 10 month short term loan facility of £750,000 ("the Loan") with Churchill Media Limited, a private company ("CML") which dates back to 13 March 2012.  The Loan is repayable on demand, bears interest at 6% above LIBOR and is secured against the assets of CML.

Concha is in discussions regarding a number of potential investments in line with its revised investing policy and looks forward to making further announcements in the coming weeks.

 

For further information, please contact:

Concha plc
Marcus Yeoman

079 7002 8442
   
Strand Hanson Limited (Nominated Adviser and Broker)
James Harris
Andrew Emmott
020 7409 3494

 

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