25 February 2019 – Loan Notes Restructuring

The company has announced that it has extended the life of the 2020 Loan Notes and the attached Warrants by two years so that these are now due to be repaid on 14 February 2022 and not next year as previously.  All other terms of the Notes and the Warrants remain unchanged.  This is clearly good news for the company as it gives it access to finance for a further two years.  The shares remain a BUY.