Repayment of banking facilities


 

TIDMSOR TIDMMER 
 
RNS Number : 6821G 
Supporta PLC 
04 February 2010 
 

 
Supporta plc (the "Company" or "Supporta") 
 
04 February 2010 
 
Repayment of banking facilities 
 
On 27 January 2010, Mears Group plc announced its recommended offer for the 
entire issued and to be issued share capital of Supporta (the "Offer") had been 
declared unconditional. 
 
In the announcement of the Offer released on 18 December 2009, Mears Group plc 
agreed to make GBP20 million available to Supporta in the event that the Offer 
was declared unconditional. Accordingly, on 27 January 2010 Mears granted a loan 
on an arms length basis of GBP20 million to Supporta which has been applied to 
repay the Company's indebtedness and to provide general working capital 
facilities. 
Enquiries: 
+-------------------------------+-------------------------------+ 
| Supporta plc                  |            Tel: 01527 556 573 | 
+-------------------------------+-------------------------------+ 
| John Jasper, Group Chief      |                               | 
| Executive                     |                               | 
+-------------------------------+-------------------------------+ 
| Darren Xiberras, Group        |                               | 
| Finance Director              |                               | 
+-------------------------------+-------------------------------+ 
|                               |                               | 
+-------------------------------+-------------------------------+ 
| Brewin Dolphin Investment     |            Tel: 0845 213 4852 | 
| Banking                       |                               | 
+-------------------------------+-------------------------------+ 
| Matt Davis                    |                               | 
+-------------------------------+-------------------------------+ 
| Sean Wyndham-Quin             |                               | 
+-------------------------------+-------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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