Update on Debt Rationalisation

Released : 31 March 2017 09:05

RNS Number : 1518B
Graphene NanoChem PLC
31 March 2017
 

 For Immediate Release

31 March 2017


Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

Update on Debt Rationalisation

Graphene NanoChem (AIM:GRPH), the international provider of nanotechnology performance enhancing solutions for global industries, announces that the Company expects the successful debt restructuring exercise it has undertaken to now be unconditional by mid Q2 2017 as opposed to the end of the Q1 2017 as previously announced, post completion of the administrative process and other conditions precedent, including the process of non-core asset sales.

 

For further information:

Graphene NanoChem

Tel: +603 2282 3080

Jespal Deol, Chief Executive Officer




Panmure Gordon (NOMAD and Broker)


Adam James / Tom Salvesen

Tel: +44 (0) 20 7886 2500



Yellow Jersey PR Limited (Media)

Tel: +44 (0)7544 275 882

Charles Goodwin / Harriet Jackson


 

About Graphene NanoChem

Graphene Nanochem plc (AIM: GRPH), is an international provider of nanotechnology performance enhancing solutions for global industries. The Group employs nanoprocesses and nanomaterials to design, engineer and enhance the performance of mainstream products for a wide range of industrial applications. It has established two major functional platforms in the energy and water sectors, and the Group, through partnerships with established industry players, is focused on building market opportunities in both sectors whilst continuing its developmental work in other strategic application areas of nanotechnology.

Headquartered in Malaysia, Graphene Nanochem was admitted to the AIM of the London Stock Exchange on 26 March 2013, following the reverse acquisition of Biofutures International plc, and trades under the symbol GRPH.L. To find out more, please visit www.graphenenanochem.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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