MAP MG Capital

 

TIDMMAP 
 
RNS Number : 0791R 
MG Capital PLC 
23 April 2009 
 

 
 
 
 
MG Capital plc 
("MG Capital" or "the Company") 
 
Director Loan 
 
 
 
 
The Company announces that its Chairman, Mr. Peter Hannen, has agreed to lend to 
the Company the sum of GBP90,000 ("the Loan"). The Loan is unsecured and the 
Company may elect to repay the Loan or part of it at any time. The principal 
amount of the Loan outstanding from time to time will carry interest at the rate 
of 6 per cent per annum. The Loan is repayable on receipt of one month's notice 
from the lender. 
 
 
With the exception of Mr Hannen, who is involved in the transactions as a 
related party, the directors of MG Capital consider, having consulted with the 
Company's nominated adviser, that the terms of the transactions are fair and 
reasonable insofar as its shareholders are concerned. 
 
 
- Ends - 
 
 
For further information, please contact: 
+-------------------------------------------+----------------------------+ 
| MG Capital plc                            |                            | 
+-------------------------------------------+----------------------------+ 
| Charles Fowler                            |  Tel: +44 (0) 20 7332 2040 | 
+-------------------------------------------+----------------------------+ 
 
 
+-------------------------------------------+----------------------------+ 
| Nominated Adviser:                        |                            | 
| Grant Thornton UK LLP                     |                            | 
+-------------------------------------------+----------------------------+ 
| Gerry Beaney/Fiona Kindness               |  Tel: +44 (0) 20 7383 5100 | 
+-------------------------------------------+----------------------------+ 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCDGGZDKFLGLZM 
 

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