Minoan Group (MIN)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

 0.70p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.20
  • 52 Week Low: 0.48
  • Currency: UK Pounds
  • Shares Issued: 844.36m
  • Volume: 2,136,002
  • Market Cap: £5.91m
  • RiskGrade: 331

Minoan secures extension to debt facility with Hillside

By Michele Maatouk

Date: Thursday 12 Jul 2018

LONDON (ShareCast) - (Sharecast News) - AIM-listed Minoan Group has secured an extension to its debt facility with Hillside to allow time for the sale of its travel business to be completed.
In addition, the company said on Thursday that the debt facility is now in the name of Zachary Asset Holdings Limited, a company related to Hillside.

The interest is unchanged while the facility is now on demand with a long stop date for completion of 31 August 2018. As previously announced, the group plans to use the proceeds from the sale to repay the Zachary loan.

As part of the agreement to extend the facility, Minoan has agreed to issue just over 1.7m warrants to subscribe for ordinary shares in the company in the name of Silja Investments, a subsidiary of Zachary. These are exercisable at 6p per share and expire on 10 July 2022.

At 1600 BST, the shares were down 3.5% to 5.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Minoan Group Market Data

Currency UK Pounds
Share Price 0.70p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.20
52 Week Low 0.48
Volume 2,136,002
Shares Issued 844.36m
Market Cap £5.91m
RiskGrade 331

Minoan Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.16% above the market average66.16% above the market average66.16% above the market average66.16% above the market average66.16% above the market average
65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average
Price Trend
55.65% below the market average55.65% below the market average55.65% below the market average55.65% below the market average55.65% below the market average
53.57% below the sector average53.57% below the sector average53.57% below the sector average53.57% below the sector average53.57% below the sector average
Income Not Available
Growth Not Available

Minoan Group Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
16:20 144,000 @ 0.70p
15:58 144,000 @ 0.70p
15:53 295,000 @ 0.70p
15:42 1,000,000 @ 0.65p
14:38 25,000 @ 0.70p

Minoan Group Key Personnel

Chair Christopher William Egleton

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