Sutton Harbour Group plc announced that, on 26 June 2024, it entered into an agreement with Beinhaker Design Services Ltd. ("BDSL") to extend the existing unsecured loan finance with BDSL ("BDSL Loan"), announced on 27 April 2022, and updated on 16 December 2022, 23 March 2023 and 8 March 2024, by a further £1.37 million. The BDSL Loan carries a fixed 8% gross annual interest rate with the option, at the discretion of the Company, to roll up some or all of the interest at a fixed 10% annual interest rate. The expiry date of the BDSL Loan is 31 May 2025.

Additionally, BDSL has agreed to buy out the loan principal of £1.15 million advanced by Rotolok (Holdings) Limited ("Rotolok Loan"), as announced on 27 April 2022. As at the date of the buy-out, accrued interest of £226,818 is due under the Rotolok Loan, with outstanding sums  continuing to earn interest on existing terms. The latest date for repayment of the sums owed to Rotolok is 31 May 2025. Taking into account the £1.37 million BDSL Loan extension and the buy-out by BDSL of the Rotolok Loan principal, BDSL has advanced the Company, in aggregate, £4.775 million in loans, excluding accrued interest.