Polarean Imaging PLC Polarean notes statement from Amphion Innovations (5457N)
25 Septiembre 2019 - 1:01AM
UK Regulatory
TIDMPOLX
RNS Number : 5457N
Polarean Imaging PLC
25 September 2019
Polarean Imaging Plc
("Polarean" or the "Company")
Polarean notes statement from Amphion Innovations
Polarean Imaging plc (AIM: POLX), the medical-imaging technology
company, with a proprietary drug-device combination product, notes
the announcement made by its partner company, Amphion Innovations
Plc ("Amphion") that Amphion has agreed to amend the terms of the
Loan Facility with Amphion's debt provider ("the Lender").
The Lender has agreed to extend the maturity date of the Loan
Facility to 30 September 2020. No other terms have been
amended.
The loan amount under the Facility will continue to be secured
by the Amphion's pledge of 16,722,523 ordinary shares of Polarean.
Amphion has transferred the legal title of the total pledged shares
in Polarean to the Lender, but retains the beneficial interest in
the shares.
Amphion holds 16,722,523 ordinary shares of Polarean,
representing 14.61% of the issued share capital.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
Enquiries:
Polarean Imaging plc www.polarean.com / www.polarean-ir.com
Richard Hullihen, Chief Executive Officer Via Walbrook PR
Richard Morgan, Chairman
SP Angel Corporate Finance LLP Tel: +44 (0)20 3470
0470
David Hignell / Lindsay Mair / Jamie Spotswood
(Corporate Finance)
Vadim Alexandre / Rob Rees (Corporate Broking)
Walbrook PR Tel: +44 (0)20 7933 8780 or polarean@walbrookpr.com
Anna Dunphy / Paul McManus Mob: +44 (0)7879 741 001 / +44 (0)7980
541 893
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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