As at 31 December 2015 the Group remained in compliance with its financial covenants and continues to work co-operatively with its banking syndicate to amend the facilities. The Company has agreed to deliver an operating plan and restructure proposal to the banking syndicate and its financial advisers in March 2016. Agreement will be reached as to amendments, if any, which may be required to the facility by 30 April 2016. Facility maturity may be shortened to no earlier than 31 March 2017 if no agreement is reached.
