Asset Manager's Update - Loan
Facility
M&L Property & Assets Plc (the “Company” or
“Group”)
Loan Facility & Property
Sale
Further to the Company's announcement on 2 September 2015, the Group has sold a further
property.
The debt owing to M&M Investment Company Plc (“MMIC”) has
been reduced by a further €118,025 being the actual cash received
(following all sales commission and tax).
The balance now outstanding to MMIC is €542,529.
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