Further re Suspension
08 Juni 2009 - 8:00AM
UK Regulatory
TIDMCOC
RNS Number : 4815T
Cobra Capital Limited
08 June 2009
Cobra Capital Limited ("Cobra" or "the Company")
Update re suspension
Cobra announces that it remains in discussions with its principal bank regarding
the outstanding loan amounting to approximately EUR1.1 million, including accrued
interest, which is due for repayment and which Cobra is currently not able to
repay. These discussions have been ongoing for some months and, whilst the board
of Cobra remain hopeful that a suitable solution can be reached in the coming
weeks, there can be no certainty at this time.
Trading in the Company's shares on AIM will remain suspended pending resolution
of the outstanding loan.
A further announcement will be made in due course.
For further information:
Jonathan Freeman 020 7752 0215
Cobra Capital Limited
Geoff Nash/Clive Carver 020 7600 1658
FinnCap
GTH Communications 020 7153 8035
Toby Hall/Christian Pickel
This information is provided by RNS
The company news service from the London Stock Exchange
END
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