Further to the Company's announcement of 4 December 2023, The 600 Group PLC announces that the US Group companies have now received a notice from Bank of America of default and demand for payment in full of the Group's now expired and fully drawn USD 5.5 million facility (the "Facility") by 15 December 2023. The Group remains in dialogue with the lender in respect of an extension to the Facility, which it is not currently in a position to repay, and the Group is also in discussions with other financial institutions with regard to other potential funding alternatives.