LFT Loftus Road

RNS Number:8476N
Loftus Road PLC
13 July 2000

                        Loftus Road plc (the 'Company')

                                Loan agreement
                                       
The  Company  has  entered into a loan agreement with its Chairman  and  major
shareholder, Chris Wright, to provide a loan for up to #1.0 million (the 'Loan
Agreement').  Interest is payable quarterly in arrears at a rate  of  2.5  per
cent. above the base rate of NatWest bank. The loan is repayable on demand  on
or after 31 May 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)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025

Loftus Road (LSE:LFT)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025