LFT Loftus Road

RNS Number:5009R
Loftus Road PLC
26 September 2000


                        Loftus Road plc (the 'Company')

                                Loan agreement
                                       
The  Company  has entered into a further loan agreement with its Chairman  and
major shareholder, Chris Wright, to provide a loan for #2.0 million (the 'Loan
Agreement').  Interest is payable quarterly in arrears at a rate  of  2.0  per
cent. above the base rate of Barclays bank. The loan is repayable on demand on
or  after  30  June  2001, or earlier in certain circumstances.  The  loan  is
secured against the Company's assets. The Loan Agreement constitutes a related
party  transaction, as defined by the AIM Rules. The Directors of the  Company
believe,  having  consulted with Peel Hunt plc, that the  terms  of  the  Loan
Agreement  are  fair and reasonable as far as the Company's  shareholders  are
concerned.

Loftus Road (LSE:LFT)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025

Loftus Road (LSE:LFT)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025