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Sutton Harbour Group Announces Bank Loan Repayment Amendment
Company Announcements

Sutton Harbour Group Announces Bank Loan Repayment Amendment

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The latest announcement is out from Sutton Harbour Holdings ( (GB:SUH) ).

Sutton Harbour Group plc has announced an amendment to its bank loan repayment schedule with National Westminster Bank plc, with new repayment dates set for £1.5 million by March 20, 2025, and £7.190 million by March 31, 2025. This adjustment aligns with the company’s anticipated timeline for asset disposals, which is crucial for its financial management and strategic planning. The changes indicate a focused approach in managing its financial obligations while maintaining its operational and strategic goals.

More about Sutton Harbour Holdings

Sutton Harbour Group plc is an AIM-quoted company specializing 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, offering services including mixed-use lettings, car parking, support services to harbour users, property management, regeneration, and asset enhancement. Sutton Harbour aims to be the leading marine and waterfront regeneration specialist in Southern England and to establish itself as a destination of national interest.

YTD Price Performance: 9.68%

Average Trading Volume: 5,927

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £12.15M

Find detailed analytics on SUH stock on TipRanks’ Stock Analysis page.

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