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Millwall Holdings Plc
(“Millwall” or the “Company”)
Amendment to Loan Facility
The Company has today completed an amendment to the original loan facility
agreement with Chestnut Hill Ventures LLC (“CHV”) dated 25 November 2008 whereby
the loan has increased from £3.5 million to £4.3 million (“Loan”). The principal
terms of the Loan will remain the same.
The monies to be advanced to Millwall by CHV as a result of the amendment to the
Loan will be used for general working capital purposes
Having consulted with Seymour Pierce, the Directors of the Company (other than
John Berylson and Demos Kouvaris who are both directors of CHV) consider that
the terms of the Loan are fair and reasonable insofar as shareholders are
concerned.
Contacts:
Millwall: Andy Ambler
020 7740 0508
Tom Simmons
020 7232 1222
Seymour Pierce: John Depasquale
020 7107 8000
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