15 May 2009 07:00
PAN PACIFIC AGGREGATES PLC
HSBC PAYMENT DEFERRAL
Further to the announcement made on 1 May 2009, the Company announces that HSBC has agreed to further defer payment of the C$150,000 writ outstanding until 28 May 2009.
William Voaden, Managing Director made the following comment:
"Further to the announcements made on 27 March 2009 and 1 May 2009, we have since made significant fundraising progress and expect to make a further announcement shortly."
A further announcement will be made as soon as practicable.
For further information please see the Company's web site, www.panagg.com or contact:
Pan Pacific Aggregates plc | Tel: +44 (0) 20 7096 9580 |
William Voaden | |
Dowgate Capital Advisers Ltd | Tel: +44 (0) 20 7492 4777 |
James Caithie / Aaron Smyth | |
VSA Capital Limited | Tel: +44 (0) 20 7096 9589 |
Paul Backhouse | |
Lothbury Financial Limited | Tel: +44 (0) 20 7011 9411 |
Michael Padley / Libby Moss |