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Inspirit Energy Holdings plc repaid a short-term, un-secured debt on 2nd January 2024. The company repaid $107,717.35 (approximately £84,830.17), including interest and financing costs, for a debt originally drawn down on 8th December 2022 for US$80,000 (approximately £65,624), which reflected its total indebtedness under the facility.
| Date | 2 Jan 2024 |
| Time | 14:39:37 |
| Category | Miscellaneous |
| ID | 4111Y |
2nd January 2024
Inspirit Energy Holdings plc
("Inspirit Energy", "Inspirit" or the "Company")
Repayment of debt
Inspirit Energy Holdings plc, the AIM listed developer of micro combined heat and power boilers and waste heat recovery, is pleased to announce that it repaid the short-term, un-secured debt of US$80,000 (approximately £65,624) that was drawn down on 8th December 2022 (see RNS of 8th December 2022) and reflects the Company's total amount of indebtedness under the Facility.
The amount repaid was $107,717.35 ( approximately £84,830.17), which includes interest and financing costs as per the original agreement.
The board are pleased to reduce this debt and will provide further updates in due course.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
More information on Inspirit Energy can be seen at: www.inspirit-energy.com
For further information please contact:
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Inspirit Energy Holdings plc |
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John Gunn, Chairman and CEO |
+44 (0) 207 048 9400
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Beaumont Cornish Limited www.beaumontcornish.com (Nominated Advisor) |
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Roland Cornish / James Biddle
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+44 (0) 207 628 3396 |
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Global Investment Strategy UK Ltd (Broker) Samantha Esqulant
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+44 (0) 207 048 9045
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