Dillistone has released a reassuring update this morning detailing the signing of a £1.5m loan through the Government's Business Interruption Loan (“BIL”) scheme and, by way of a trading update.
The BIL loan will be used for working capital purposes, including development of existing and new products, ahead of launch in 2021. The loan is repayable over six years at an interest rate of 3.99% over base. Interest is waived in the first twelve months and monthly repayments commence in July 2021 ....
04 Jun 2020
WHI First Light: Dillistone Group (DSG)
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WHI First Light: Dillistone Group (DSG)
Dillistone Group Plc (DSG:LON) | 9.0 0 0.0% | Mkt Cap: 1.77m
- Published:
04 Jun 2020 -
Author:
Matthew Davis -
Pages:
4
Dillistone has released a reassuring update this morning detailing the signing of a £1.5m loan through the Government's Business Interruption Loan (“BIL”) scheme and, by way of a trading update.
The BIL loan will be used for working capital purposes, including development of existing and new products, ahead of launch in 2021. The loan is repayable over six years at an interest rate of 3.99% over base. Interest is waived in the first twelve months and monthly repayments commence in July 2021 ....