This morning's update from MLVN marks a working capital milestone, with a £760k receipt in respect of the significant trade debtor highlighted by the company in its January update. On the back of this, the company anticipates repaying the short-term loan facility provided by Boost & Co., which amounted to £350,000 and which was drawn in full as of January 8th, with interest charged at 11.25% p.a. In addition, MLVN has announced university pathway student numbers including the January intake, w ....
08 Mar 2021
WHI Flash Light: Malvern Interntional (MLVN) - Receipt of debtors; pathway numbers rising; new university group partnership on track
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WHI Flash Light: Malvern Interntional (MLVN) - Receipt of debtors; pathway numbers rising; new university group partnership on track
Malvern International plc (MLVN:LON) | 20.0 0 0.0% | Mkt Cap: 4.89m
- Published:
08 Mar 2021 -
Author:
Nick Spoliar -
Pages:
5
This morning's update from MLVN marks a working capital milestone, with a £760k receipt in respect of the significant trade debtor highlighted by the company in its January update. On the back of this, the company anticipates repaying the short-term loan facility provided by Boost & Co., which amounted to £350,000 and which was drawn in full as of January 8th, with interest charged at 11.25% p.a. In addition, MLVN has announced university pathway student numbers including the January intake, w ....