Thalassa Holdings Limited Gitone Loan Update (4676N)
20 Maggio 2020 - 09:28AM
UK Regulatory
TIDMTHAL
RNS Number : 4676N
Thalassa Holdings Limited
20 May 2020
Thalassa Holdings
Gitone Loan Update
Thalassa Holdings Limited
20 May 2020
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Gitone Loan Update
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
Further to its announcement of 27 January 2020 the Board of
Thalassa announces that Thalassa and Gitone Beteiligungsverwaltungs
GmbH (the "Partner") have executed a Variation Agreement to the
Original Agreement entered into by the two parties, as announced 27
January 2020, whereby Thalassa's Loan to the Partner shall be
limited to the initial amount of EUR5.5 million already extended to
the Partner. The Variation Agreement also includes certain put/call
option conditions available to both parties on the same terms.
The other commercial terms of the Loan announced on 27 January
2020 remain unchanged.
END
Enquiries:
Thalassa Holdings Ltd
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Duncan Soukup (Executive Chairman) +33 (0)6 78 63 26 89
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WH Ireland Limited (Financial Adviser) +44 (0)207 220 1650
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Chris Fielding, Managing Director, Corporate
Finance
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www.thalassaholdingsltd.com
Note to Editors:
About Thalassa
Thalassa Holdings Ltd, incorporated and registered in the BVI,
is a holding company with various interests across a number of
industries.
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
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