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Dillistone Secures Related Party Loan for Working Capital

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Dillistone Secures Related Party Loan for Working Capital

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Dillistone ( (GB:DSG) ) has shared an announcement.

Dillistone Group Plc has announced a related party loan agreement to raise GBP120,000, providing additional working capital amid challenging market conditions. The loan, provided by the wife of the Group CEO, is unsecured, carries a 10.85% interest rate over 48 months, and is considered fair and reasonable by the company’s independent directors, ensuring shareholder interests are protected.

More about Dillistone

Dillistone Group Plc is a leader in providing software and services to the recruitment industry, operating under the Ikiru People brand. The company develops, markets, and supports products such as Talentis, FileFinder, Infinity, Mid-Office, ISV, and GatedTalent. Dillistone has been listed on AIM, a market of the London Stock Exchange, since June 2006.

Average Trading Volume: 25,443

Technical Sentiment Signal: Sell

Current Market Cap: £1.79M

For detailed information about DSG stock, go to TipRanks’ Stock Analysis page.

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