tag:blogger.com,1999:blog-3324212592011313697.post1354880713904042848..comments2023-10-17T08:59:30.943-07:00Comments on SOOT Space: Dinna sell the Old Town to build a big HotelBlog SOOT Spacehttp://www.blogger.com/profile/09425452005233358314noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3324212592011313697.post-57754040451156323752011-12-18T03:47:48.297-08:002011-12-18T03:47:48.297-08:00Artisan (UK) plc
("Artisan" or the "...Artisan (UK) plc<br />("Artisan" or the "Company")<br /><br />30th November 2011 - http://www.artisan-plc.co.uk/<br /> <br /><br />Banking update<br /><br />As previously announced, Artisan's banking facilities expired on 1 July 2011, at which time the Company's lender granted a 3 month extension and then a further 2 month extension to those facilities in order to provide additional time to complete a required valuation exercise and conclude the negotiation and documentation of the new facility.<br /><br />This process is still ongoing and accordingly the lender has agreed to extend the facilities by a further 2 months in order to complete the process of entering into the new facility.<br /><br />The valuation work and a security review have been completed and we are well advanced in negotiating new terms. Our lender remains supportive of the Company and the negotiations are proceeding in a cooperative and positive manner.<br /><br />Whilst the Directors are confident that new facilities can be agreed, it is now expected that this would require an injection of new equity or similar.davlidhttps://www.blogger.com/profile/08018168012962027354noreply@blogger.comtag:blogger.com,1999:blog-3324212592011313697.post-34565379747021577672011-12-17T03:28:13.560-08:002011-12-17T03:28:13.560-08:00Letters in press today,
http://www.scotsman.com/t...Letters in press today,<br /><br />http://www.scotsman.com/the-scotsman/opinion/letters/letter_caltongate_query_1_2013428#.TuvsMDSmHiU.twitterAnonymousnoreply@blogger.com