RNS Number : 7440T
Highway Capital PLC
31 March 2016
Highway Capital plc
("Highway" or the "Company")
Loan to Company
31 March 2016
Highway Capital announces that it has received a loan of £20,000 from Dariusz Zych, a non-executive director of the company. The loan has a term of five years and can be converted at the holder's request into new ordinary shares in Highway Capital at a price of 10 pence per share. In the event that the loan is not repaid or converted prior to its maturity date then it will attract accrued interest at a rate of 5% per annum. The proceeds of the loan will be used for general working capital purposes.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFFFVVILVIR
