THAL Thalassa Holdings Limited

 

TIDMTHAL 
 
RNS Number : 0230H 
Thalassa Holdings Limited 
11 February 2010 
 
                              Thalassa Holdings Ltd 
 
                                ("the Company") 
 
                              Loan to the Company 
 
Duncan Soukup has made a further loan to the Company, the principal terms of 
which are set out below:- 
 
Principal:                    GBPGBP300,000 
 
Interest rate:               10 per cent. per annum 
 
Term:                          1 year 
The loan is secured on all investment assets held by the Company and its 
subsidiaries. 
The purpose of the loan is to provide additional investment capital to the 
Company and its subsidiaries at a time when the Board believes the current 
market conditions provide access to, in its opinion, a number of undervalued 
investment opportunities. 
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 Daniel Stewart & Company plc, the Company's Nominated Adviser, 
that the terms of the loan are fair and reasonable insofar as the Company's 
shareholders are concerned. 
Mr Soukup also has two further loans outstanding to the Company of which the 
capital total is USD$700,619. 
Contact: 
 
Duncan Soukup, Executive Chairman                    Tel: + 33 (0)6 78 63 26 89 
Thalassa Holdings Ltd 
 
Simon Leathers                                                         Tel: + 44 
(0)20 7776 6550 
Daniel Stewart & Company plc 
 
 
Notes to Editor: 
 
Thalassa Holdings Ltd, incorporated and registered in the BVI in 2007 and listed 
on AIM in July 2008, is a holding company with diversified interests in quoted 
and unquoted companies, including Marine Seismic. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCBDGDDSGBBGGB 
 

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