What the annoucement is saying (or should have extrapolated) is:
Senior secured term loan A GBP $52,500,000 and Senior secured revolver GBP 30,000,000 was due on 23 June 2013. THis was subject to certain conditions.
Thoses conditions were not met and the loans are now due and payable on 15 March 2012.
Its all detailed on page 19 of the annual report.
There is still plenty of time to refinance such loans.
new announcement, page-2
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