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Investegate |Malvern Inter. PLC Announcements | Malvern Inter. PLC: Result of AGM investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Trading and Covid Update and New Accreditation Malvern International plc (AIM: MLVN), the global learning and skills development partner, announces that it has entered into a new short term loan agreement for £350,000 (the New Loan or Loan ) with Boost & Co. Ltd ( Boost or the Lender ), and that it has secured a further £30,000 via a unsecured loan note with a Director. The purpose of this new borrowing is to provide bridging finance to ensure the Company has sufficient working capital pending the payment of a significant trade debtor amounting to in excess of £900,000 which is expected to be paid in quarter one 2021. ....