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Sutton Harbour Group Amends Loan Repayment Schedule

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Sutton Harbour Group Amends Loan Repayment Schedule

An announcement from Sutton Harbour Holdings ( (GB:SUH) ) is now available.

Sutton Harbour Group plc announced an amendment to its bank loan repayment schedule with National Westminster Bank plc, extending the repayment date to £8.690 million by 30 June 2025. This adjustment aligns with the company’s updated timeline for asset disposals, potentially impacting its financial strategy and operations, and reflecting its ongoing efforts in asset management and financial planning.

More about Sutton Harbour Holdings

Sutton Harbour Group plc is an AIM quoted company that specializes in marine operations, waterfront regeneration, and destination creation in Plymouth and South West England. The company operates Sutton Harbour Marina, King Point Marina, and Plymouth Fisheries, and is involved in mixed-use lettings, car parking, support services to harbor users, property management, and asset enhancement. Sutton Harbour aims to be the leading marine and waterfront regeneration specialist in Southern England, positioning Sutton Harbour in Plymouth as a destination of national interest.

YTD Price Performance: -6.45%

Average Trading Volume: 13,736

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £10.36M

See more data about SUH stock on TipRanks’ Stock Analysis page.

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