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HAYT Hayward Tyl

50.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

Hayward Tyler Group PLC Update on banking facilities (8079G)

01/06/2017 7:11am

UK Regulatory


Hayward Tyl (LSE:HAYT)
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TIDMHAYT

RNS Number : 8079G

Hayward Tyler Group PLC

01 June 2017

1 June 2017

Hayward Tyler Group plc

("Hayward Tyler", the "Company" or "Group")

Update on banking facilities

Further to the announcement of 28 April 2017 Hayward Tyler Group plc, the specialist engineering Company comprising the operating companies of Hayward Tyler and Peter Brotherhood, is pleased to confirm that it continues to have constructive discussions with its bank, Royal Bank of Scotland ("RBS"), regarding a suitable long term financing structure to support the longer-term prospects of the business. The Group also continues to have constructive discussions with RBS with respect to the repayment of GBP2.4 million of short term banking facilities and the annualised measurement of the financial covenants, both of which have been extended from 31 May to 30 June 2017.

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

   Buchanan Communications, Financial PR                  +44(0)207 466 5000 

Charles Ryland

Chris Judd

Jane Glover

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Publication on Website

A copy of this announcement will be made available, subject to certain restrictions relating to persons resident in restricted jurisdictions, at http://htg.global/investor-relations/takeover-code-requirements/ no later than 12.00 noon (London time) on 1 June 2017 (being the business day following the date of this announcement) in accordance with Rule 26.1(a) of the Code. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGMGGVVMLGNZG

(END) Dow Jones Newswires

June 01, 2017 02:11 ET (06:11 GMT)

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