NedSense enterprises n.v. announced that it has reached agreement with an affiliate of Ronglian Investments Limited in respect of a EUR 1,000,000 loan to NedSense. NedSense will use the loan amount received to cover working capital needs in the coming period. As announced on 4 January 2015, NedSense has reached agreement with Ronglian Investments Limited on the sale of NedSense's LOFT division for a purchase price of EUR 8.0 million, whereby EUR 1.6 million of the Purchase Price will be put in escrow with a third party escrow agent as additional recourse for Ronglian for a period of 12 months after closing of the transaction.

The Interim Loan bears an interest of 4% per annum and is repayable by NedSense between 29 February 2016 (the envisaged closing date of the Transaction) and 13 July 2016. NedSense intends to use the proceeds of the Transaction to repay the Interim Loan.