StockMarketWire.com - Residential developer Trafalgar Property said it had secured £910k of debt to refinance current loans secured against assets in Hildenborough, in a related party transaction.
Former directors Chris Johnson and Alex Johnson had provided guarantees for the loans, subject to the refinancing.
Johnson currently owned 38.3% of the company.
At 1:17pm: [LON:TRAF] Trafalgar New Homes Plc share price was 0p at 0.19p
Story provided by StockMarketWire.com
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