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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Hayward Tyl | LSE:HAYT | London | Ordinary Share | IM00B511CF53 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 50.75 | 47.00 | 54.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMHAYT
RNS Number : 7473W
Hayward Tyler Group PLC
13 February 2017
13 February 2017
Hayward Tyler Group plc
("Hayward Tyler", the "Company" or "Group")
Successful completion of loan note raise
Hayward Tyler Group plc ("HTG", the "Company" or "Group"), the specialist engineering Group, comprising the operating companies of Hayward Tyler and Peter Brotherhood, is pleased to announce the successful completion of its latest loan note issue at GBP0.6m. The loan notes carry a 1-year term and pay interest at 6.75%. Proceeds of this issue will be used to reduce the Company's revolving credit facility ("RCF") with Royal Bank of Scotland ("RBS") by GBP0.6m.
The Group continues to have a supportive relationship with RBS, which has now agreed to extend the repayment date of the remaining balance of the GBP2.4m short term borrowings under the RCF to 28 February 2017.
Further updates regarding the repayment of the GBP2.4m short term borrowings will be made in due course.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
For further information:
Hayward Tyler Group plc +44 (0)1582 731 144
Ewan Lloyd-Baker, CEO
Nick Flanagan, CFO
FinnCap Limited-NOMAD and Broker +44(0)20 7220 0500
Matt Goode / Emily Watts, Corporate Finance
Tim Redfern / Tony Quirke, Corporate Broking
Lesmoir-Gordon, Boyle & Co. Ltd - loan note arrangers +44 (0) 20 7518 9892
Andrew Boyle
Angus Grierson
Buchanan Communications, Financial PR +44(0)207 466 5000
Charles Ryland
Chris Judd
Jane Glover
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEADADFFKXEFF
(END) Dow Jones Newswires
February 13, 2017 08:19 ET (13:19 GMT)
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