REOP Reo Sec. Zdp

 

TIDMREOP 
 
RNS Number : 3977V 
REO Securities Limited 
01 November 2010 
 

1 November 2010 
 
              Real Estate Opportunities plc (the "Company", "REO") 
Further re renegotiation of sterling loan facility agreements relating to 
Battersea Power Station 
The Company announced on 7 September 2010 that the Group's GBP225 million power 
station facility with Bank of Scotland plc and The Governor and Company of the 
Bank of Ireland (on behalf of the National Asset Management Agency) and GBP37.55 
million site assembly facility with Bank of Scotland plc have been extended to 
31 August 2011 (the "Lenders") and all existing breaches been waived. The 
agreement was conditional, inter alia, on the Company affecting a compromise by 
29 October 2010 with the holders of the cumulative unsecured loan stock.  The 
Lenders have agreed to extend the date for a compromise to be reached to 31 
January 2011. 
 
 
For further information please contact: 
 
Real Estate Opportunities plc 
Ray Horney, Chairman 
Tel: + 44 (0)1273 775 225 
 
Matrix Corporate Capital 
Paul Fincham 
Tel +44 (0)20 3206 7000 
 
Goodbody Stockbrokers 
Linda Hickey, Corporate Broking 
Tel +353 1 641 6017 
 
Finsbury 
Gordon Simpson/Ed Simpkins 
Tel: +44 (0)207 251 3801 
 
Murray Consultants 
Ed Micheau 
Tel: + 353 1 498 0300 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCUGGUAGUPUGAG 
 

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