M&L Property & Assets PLC Asset Manager's Update


 
TIDMPHU 
 
M&L Property & Assets Plc 
 
Asset Manager's Update - Loan Facility 
 
M&L Property & Assets Plc (the 'Company' or "Group") 
 
Loan Facility & Property Sales 
 
Further to the Company's announcement on 30 April 2015, the Group has sold a 
further three properties.   The funds received from these sales before agency 
fees were not materially less than the balance sheet value of these properties. 
 
The debt owing to M&M Investment Company Plc ("MMIC") has been reduced by a 
further EUR579,228 being the actual cash received (following all sales commission 
and tax). 
 
The balance now outstanding to MMIC is currently EUR897,064. 
 
For further information, please contact: 
 
Asset Manager: 
 
Midas Investment Management Limited 
 
Tel: +44 (0) 161 228 1709 
 
Nominated Adviser: 
 
Liam Murray/Jo Turner 
 
Cairn Financial Advisers LLP 
 
Tel: +44 (0) 20 7148 7900 
 
 
 
END

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