News blog

William Sinclair

  • BY: Andrew Hore |
  • POSTED: 16/01/2014 |

Horticultural products supplier William Sinclair intends to ask its shareholders to agree to an increase in its borrowing powers. 

A new working capital facility of up to 25m has been agreed with the Royal Bank of Scotland and it has an interest charge of approximately two percentage points above base rate. A five year term loan of 3m is also being negotiated and that will have a lightly higher interest rate. The property loan is repayable quarterly or out of any proceeds from the settlement due from Natural England in respect of the Bolton Fell peat bog claim.

William Sinclair has already raised 8.24m via a convertibles issue in order to accelerate the development of its Ellesmere Port site. 

At 91.5p a share, William Sinclair is valued at 15.6m.

Download the latest AIM Journal from

© 2022 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds