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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -15.00 | -2.97% | 490.00 | 496.00 | 500.00 | 506.00 | 497.00 | 506.00 | 227,828 | 16:35:09 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investors, Nec | 465.7M | -3.8M | -0.0393 | -126.72 | 481.94M |
From Apr 2019 to Apr 2024
TIDMMRL
RNS Number : 6164D
Marlowe PLC
28 April 2017
28 April 2017
Marlowe plc
New debt facilities
Marlowe plc ("Marlowe" or the "Company"), the support services group focused on acquiring and developing companies that provide critical asset maintenance services, is pleased to announce that it has increased its current debt facility with Lloyds Bank by an additional GBP5 million to GBP17.5 million.
At 31 March the Company had net cash of GBP2.7m.
The increased debt facility will provide further resources to support the Company's acquisition-led growth strategy.
For further information:
Hot Features
Premium
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
Elizabeth Bowman 8900
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 and water treatment 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 announcement contains inside information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCIRMFTMBTTBRR
(END) Dow Jones Newswires
April 28, 2017 02:00 ET (06:00 GMT)
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