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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Panther Securities Plc | LSE:PNS | London | Ordinary Share | GB0005132070 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 300.00 | 280.00 | 320.00 | 300.00 | 300.00 | 300.00 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Lessors Of Real Property,nec | 13.41M | 16.99M | 0.9721 | 3.09 | 52.42M |
From Nov 2023 to May 2024
TIDMPNS
RNS Number : 0450X
Panther Securities PLC
18 December 2023
18 December 2023
Panther Securities PLC
(the "Company")
Update on proposed refinancing
Further to the update provided on 27 September 2023, Panther Securities PLC is pleased to confirm that credit approval for the proposed refinancing of our loan facilities has now been obtained from both of the joint-lenders. The new facility is to be for GBP68 million, split between a GBP55 million term loan and a GBP13 million revolving facility (which gives the Company more flexibility). The new facility has been agreed for a four-year term (with a further one-year option to extend), and the agreed terms show an improved interest margin for the Company, relative to our current loan facility, with similar covenants.
The Company expects to complete the new facility in the new year. The current loan facility expires in July 2024.
For further information:
Panther Securities plc: Tel: 01707 667 300
Andrew Perloff / Simon Peters
Allenby Capital Limited (Nomad and Joint Broker) Tel: 020 3328 5656
Alex Brearley / Piers Shimwell
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END
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(END) Dow Jones Newswires
December 18, 2023 02:00 ET (07:00 GMT)
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