RNS Number : 0913T Fishing Republic PLC 29 June 2018

29 June 2018 AIM: FISH

FISHING REPUBLIC PLC

("Fishing Republic" or the "Company")

Loan Agreement

Fishing Republic, the fishing tackle retailer, announces that ithas agreed a secured loan of £500,000 from existing shareholders (the "Loan"). The Loan, which is charged at nine per cent. per annum, is repayable after one year. The Company has no other borrowings.

This funding will be used to provide additional working capital for the Company as it enters the busiest part of the fishing season. As previously announced, the Company will provide an update on trading on 11 July 2018, the date of its Annual General Meeting.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

Fishing Republic plc

T: 020 3178 6378 (c/o KTZ Communications)

James Newman, Executive Chairman

KTZ Communications Limited

T: 020 3178 6378

Katie Tzouliadis, Emma Pearson

Northland Capital Partners Limited

T: 020 3861 6625

Nominated Adviser and BrokerMatthew Johnson, Jamie Spotswood, DavidHignell (Corporate Finance)

John Howes (Corporate Broking)

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Fishing Republic plc published this content on 29 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 June 2018 14:23:05 UTC