Trading update and suspension of trading
13 February 2009 - 9:36PM
UK Regulatory
TIDMCOC
Cobra Capital Limited
("Cobra" or "the Company")
Trading update and suspension of trading
Cobra announces, that one of the Company's banks has requested full repayment
of an outstanding loan which amounts to approximately EUR1,020,900, including
accrued interest. The Company has commenced discussions in respect of this loan
facility but is not currently able to repay the amount due.
Accordingly, the Directors have requested the immediate suspension of trading
in its shares on AIM whilst they continue discussions with the Company's banks.
A further announcement will be made in due course.
For further information:
Jonathan Freeman 020 7752 0215
Cobra Capital Limited
Geoff Nash/Clive Carver, 020 7600 1658
FinnCap
GTH Communications 020 7153 8035
Toby Hall/Christian Pickel
END
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