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Motive Television PLC - Loan Agreement (Motive Television plc)
Jan 2nd 2013, 09:19

(Source: Motive Television plc) 2 January 2013 MOTIVE TELEVISIONPLC ("Motive" or the "Company") Loan Agreement with U.S. Strategic Financial Investor TCA Global Master Fund LLP ("TCA") The Company is pleased to announce today that it has entered into a loan agreement for £500,000 ("Loan Agreement") arranged by Plumtree Capital with US strategic financial investor TCA ("Lender") ("Loan"). The Company has drawn down the full amount.   The Loan is repayable by 12 monthly instalments in cash or in shares at the Company's option and, if in shares, then pursuant to a Committed Equity Facility also entered into with the Lender...

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