PACTOLUS HUNGARIAN PROPERTY PLC - Asset Manager's Update - Loan Facility
03 March 2015 - 4:36AM
PR Newswire (US)
Pactolus Hungarian Property plc (the 'Company' or "Group")
Loan Facility
Further to the Company's announcement on 29 January 2015, the Group has sold a
further property at a sales price of €149,791.92 (following all sales
commission and tax) the sales proceeds have been applied against the loan to
the Company by M & M Investment Company plc.
The total loan now owing to M & M Investment Company plc (and any associates)
is now €1,673,225.30.
The Company's annualised rent roll is currently around €495,270.
For further information, please contact:
Asset Manager:
Midas Investment Management Limited
Tel: +44 (0) 161 228 1709
Nominated Adviser:
Liam Murray/Jo Turner
Cairn Financial Advisers LLP
Tel: +44 (0) 20 7148 7900
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