Statement re Financial Position
07 11월 2009 - 2:49AM
UK Regulatory
TIDMBCP
RNS Number : 1588C
Boundary Capital PLC
06 November 2009
Boundary Capital plc
Update on Financial Position
Boundary Capital plc ("Boundary"), an Irish-based investment holding company,
today announces that it has agreed an extension of its banking facilities with
its banker Anglo Irish Bank ("Anglo") until 31 December 2009.
As previously announced, Boundary's debt facilities with Anglo expired on 30
June 2009. As part of the board changes announced on 23 September, Paddy Murphy
was appointed Non- Executive Chairman and Declan Cassidy was appointed Chief
Executive on 30 September 2009. Mr Cassidy and the Board have been working
closely with Anglo to put in place a new facility and this process is ongoing.
The Anglo facility continues to be supported by a personal guarantee from the
former Chairman of Boundary, Niall McFadden.
For further information please contact:
+-------------------------------------+-------------------------------------+
| Boundary Capital plc | |
+-------------------------------------+-------------------------------------+
| Declan Cassidy | + 353 1 679 63 63 |
+-------------------------------------+-------------------------------------+
+-------------------------------------+-------------------------------------+
| Davy | |
+-------------------------------------+-------------------------------------+
| Des Carville | +353 1 614 89 29 |
+-------------------------------------+-------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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