River Tech plc announced the early repayment of its outstanding loan originally received in 2019 amounting to EUR 15 million, marking a significant achievement for the company. Referring to the announcement made on 27 May 2022, the company had agreed with the lender, Spinola Ventures Limited, to repay the loan by July 2023. The company has now successfully settled the entire remaining loan well before the scheduled maturity date, demonstrating the Company's strong financial position and prudent management practices.

Following the FULL repayment of the loan there remains no balance outstanding, and the Company and its subsidiaries are now debt-free. This early repayment not only highlights the Company's commitment to financial discipline but also underscores its ability to generate substantial cash flows from its core operations. The company's focus on operational efficiency has allowed it to achieve this milestone, paving the way for enhanced financial flexibility and further growth opportunities, while remaining committed to a balanced approach to capital structure and prudent financial management.