IMPT Industr. Multi

TIDMIMPT

RNS Number : 4098F

Industrial Multi Property Trust PLC

17 May 2017

INDUSTRIAL MULTI PROPERTY TRUST PLC (THE "COMPANY")

Update on loan facilities

The Company announces that it has entered into a new unsecured loan facility agreement under which Hansteen Holdings plc ("Hansteen") will provide a loan facility of up to GBP20,000,000 to the Company, with an interest rate of 10% per annum (the "Hansteen Loan Facility"). The Hansteen Loan Facility expires on 5 December 2018 and there are no prepayment or exit fees on an early repayment of the facility. The proceeds of the Hansteen Loan Facility will be applied to fully repay an existing mezzanine loan agreement between certain subsidiaries of the Company and Europa Mezzanine Finance S.arl dated 5 December 2013.

This announcement contains inside information.

For further information please contact:

Industrial Multi Property Trust plc

   Philip Scales      Tel: 01624 681250 

Stockdale Securities Limited, Financial Adviser and Broker to Industrial Multi Property Trust

   Robert Finlay     Tel: 020 7601 6100 

This information is provided by RNS

The company news service from the London Stock Exchange

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