Angler Gaming plc takes an unsecured loan of €1M to ease a short-term cashflow pressure
Due to a lower than initially projected financial results of Angler Gaming plc in Q1 2022 and the resulting lower reserves of the Company, Angler Gaming plc has decided to take a loan of €1,000,000 in order to ease a short-term cashflow pressure in the next few months. The loan, which is unsecured and repayable by the end of 2022, is being provided to the Company on very competitive terms by the Angler Gaming’s shareholder controlled by Thomas Kalita, Company CEO and a member of the Board. Thomas Kalita did not participate in the Company’s Board decision on the approval of the loan