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ASF GROUP LIMITED — Capital/Financing Update 2019
Dec 30, 2019
64323_rns_2019-12-30_c31da115-f4b7-40a9-b280-28fc8848003d.pdf
Capital/Financing Update
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ActivEX Limited A.C.N. 113 452 896
Suite 2 3B Macquarie Street SYDNEY NSW 2000
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P: (02) 9251 9088 E: [email protected] W: activex.com.au
31 December 2019
The Manager Company Announcements Office Australian Stock Exchange
Via Online Electronic Lodgement
REPAYMENT OF LOAN TO ASF GROUP LIMITED
ActivEX Limited (‘ActivEX’ or ‘the Company’) refers to the Loan Facility Agreement (‘Loan Facility’) with ASF Group Limited (ASX: ASF).
As announced on 24 September 2018, the Loan Facility of $2 million had a maturity date of 31 December 2019. The Company is pleased to announce that it has repaid the outstanding Loan Facility, representing $1.7 million (inclusive of $240,000 interest), in full by the maturity date.
The Company drew funds from the Star Diamond Developments Limited loan announced on 23 December 2019 to repay the Loan Facility.
This announcement has been authorised by the Company Secretary.
For further information contact: Mr Mark Derriman, Executive Director or Mr Craig McPherson, Company Secretary