Carclo plc Banking Covenant update (9883U)

TIDMCAR

RNS Number : 9883U

Carclo plc

31 March 2023

31 March 2023

Carclo plc

("Carclo" or the "Group")

Banking Covenant Update

Carclo plc is pleased to report that our lending bank has demonstrated its ongoing commitment to the Group by agreeing to an amendment in the interest cover covenant for March 2023. This adjustment reflects our strong collaborative relationship and the bank's confidence in Carclo.

About Carclo plc

Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange. The Group is a preferred and trusted partner of global customers, offering high-precision critical components that meet the needs of life sciences, aerospace, optics, and technology industries.

LEI: 21380078MEM399JPI956

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").

Enquiries:

   Carclo plc                             01924 268040 

Frank Doorenbosch - Chief Executive Officer

David Bedford - Chief Financial Officer

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March 31, 2023 07:50 ET (11:50 GMT)