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MRL Marlowe Plc

540.00
20.00 (3.85%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marlowe Plc LSE:MRL London Ordinary Share GB00BD8SLV43 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  20.00 3.85% 540.00 532.00 550.00 541.00 531.00 535.00 552,297 16:35:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 465.7M -3.8M -0.0393 -137.66 523.55M

Marlowe PLC Acquisition of The Philton Group Limited (9421N)

15/08/2017 7:00am

UK Regulatory


Marlowe (LSE:MRL)
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From Mar 2019 to Mar 2024

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TIDMMRL

RNS Number : 9421N

Marlowe PLC

15 August 2017

14 August 2017

Marlowe plc

Acquisition of The Philton Group Limited

Marlowe plc ("Marlowe" or the "Company"), the support services group focused on acquiring and developing companies that provide critical asset maintenance services, announces that it has acquired The Philton Group ("Philton"), a provider of fire protection services based in Watford, Hertfordshire.

Philton provides a portfolio of fire protection services, including the installation, service and maintenance of fire detection and fire suppression systems.

Philton is being purchased for a total enterprise value of GBP0.2 million. For the 12 months ended 30 April 2016, Philton generated revenues of GBP1.2 million and profit before tax of GBP0.1 million.

For further information:

 
 Marlowe plc                        www.marloweplc.com 
 Alex Dacre, Chief Executive        Tel: +44 (0) 203 
                                     813 8498 
                                    IR@marloweplc.com 
 
 Cenkos Securities plc (Nominated 
  Adviser and Broker) 
 Nicholas Wells                     Tel: +44 (0)20 7397 
                                     8900 
 Elizabeth Bowman 
 
 FTI Consulting 
 Nick Hasell                        Tel: +44 (0)20 3727 
                                     1340 
 Alex Le May 
 

About Marlowe plc

Marlowe is an AIM-listed company formed to create sustainable shareholder value through the acquisition and development of businesses that provide critical asset maintenance services in the UK. It is focused on fire protection, security systems, water treatment and air hygiene services - which are essential to its customers' operations and invariably governed by regulation, and where customers require a single specialist outsourced provider with nationwide coverage. Our customers can be found on most high streets, in office complexes and industrial estates, and include SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQUSAORBOAWAAR

(END) Dow Jones Newswires

August 15, 2017 02:00 ET (06:00 GMT)

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