RNS Number : 7872C
Majedie Investments PLC
31 March 2025
Majedie Investments PLC (the "Company")
Legal Entity Identifier: 2138007QEY9DYONC2723
Date: 31 March 2025
£20.7m 7.5% Debenture stock due 31st March 2025
The Company announces that in accordance with the conditions set out in the Trust Deed it has fully repaid both the principal amount outstanding and the final interest payment. As set out in the 2024 Annual Report, the Board has decided that it will not replace this structural gearing facility and instead is negotiating a smaller Revolving Credit Facility (RCF) which will allow a more flexible approach to employing leverage within the Company's operations. Further details of the RCF will be announced in due course.
Juniper Partners Limited
Company Secretary
Enquiries: 0131 378 0500
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