KRM22 PLC (AIM:KRM, OTC:KRMCF) announced an agreement to amend the terms of a £5 million convertible loan facility with Trading Technologies International, Inc.
The payment of interest originally due on 31 March has been deferred to 30 April, to allows more time for ongoing talks over broader amendments. Interest rate and covenants remain unchanged.
Trading Technologies holds a 24.8% shareholding in KRM22.