PCI-PAL PLC PCI-PAL PLC
('PCI Pal' or 'the Group')
Final Repayment of Loan Note
PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, is pleased to announce that the loan note due from the sale of its Ansaback and CallScripter businesses (the 'Disposal') has been repaid in full ahead of the due date. The sum received of £1.335 million completes all payments due from the Disposal.
Commenting on this news, James Barham, Chief Executive Officer of PCI Pal, said:
'The early repayment of the loan note marks the final closure of the sale of the Group's historic lines of call centre businesses. As a pure-play, cloud provider, PCI Pal has now added further stability to its balance sheet as we continue to pursue near-term global growth opportunities.'
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
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PCI-PAL plc published this content on 02 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 January 2019 09:18:01 UTC
