THAL Thalassa Holdings Limited

 

TIDMTHAL 
 
RNS Number : 0312S 
Thalassa Holdings Limited 
11 May 2009 
 

Thalassa Holdings Ltd 
Loan to the Company 
 
 
The Company has entered into a loan agreement with Duncan Soukup, a director of 
the Company. The principal terms of the loan are set out below:- 
 
 
Principal: US$798,680 (circa GBP530,100) 
Interest rate:    10 per cent. per annum 
Term:          1 year 
 
 
The loan is secured on certain investment assets held by the Company. 
 
 
The purpose of the loan is to provide additional investment capital to the 
Company. 
 
 
The loan from Mr Soukup is a related party transaction pursuant to AIM Rule 13. 
The directors of the Company, with the exception of Mr Soukup consider, having 
consulted with Dowgate Capital Advisers Limited, the Company's Nominated 
Adviser, that the terms of the loan are fair and reasonable insofar as the 
Company's shareholders are concerned. 
 
 
 
 
+----------+----------+--------------+ 
| Duncan   | Thalassa |       T: +33 | 
| Soukup   | Holdings |  678 632 689 | 
| Chris    | Ltd      |   T: +33 643 | 
| Langrick |          |      917 391 | 
+----------+----------+--------------+ 
|          |          |              | 
+----------+----------+--------------+ 
| Liam     | Dowgate  |       T: +44 | 
| Murray   | Capital  | 20 7492 4777 | 
| Aaron    | Advisers |              | 
| Smyth    | Limited  |              | 
+----------+----------+--------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 AGRBBGDUIXBGGCB 
 

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