CEPS PLC entered into a loan agreement with a third party for £2,000,000. On drawdown, which is anticipated to be on or around 28 June 2021, the Loan will be used to repay an existing £2,000,000 loan from another third party which falls due for repayment on 30 June 2021. The Existing Loan was originally due for repayment on 31 October 2020, as announced to the market on 7 October 2019, but this date was later extended to 30 June 2021.