5 March 2021
Vulcan Industries plc
("Vulcan" or the "Company")
Secured Loans - Term extension
Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has reached
agreement with the provider of two secured loans to extend their repayment
dates for an additional twelve months. Historic interest arrears of £28,691
have been capitalised.
The loan principals of £1,225,000 and £629,000 will now mature on 16 April 2022
and 4 July 2022 respectively.
All other terms of these loan agreements remain unchanged.
These term extensions will enable the Company to conclude discussions to
strengthen the liquidity profile of its balance sheet.
For further information, visit: https://vulcanplc.com
Contacts
Vulcan Industries plc Via Vox Markets
Ian Tordoff, Chairman
John Maxwell, CEO
First Sentinel Corporate Finance Ltd (AQSE +44 7876 888 011
Corporate Adviser)
Brian Stockbridge
Gabrielle Cordeiro
Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk
Kat Perez +44 7881 622 830
Paul Cornelius + 44 7866 384 707
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable
engineering, manufacturing and industrial SMEs for value and to enhance this
value in part through group synergies, but primarily by unlocking growth which
is not being achieved as a standalone private company.