Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Card Factory Plc LSE:CARD London Ordinary Share GB00BLY2F708 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 1.36% 59.60 58.30 58.90 60.30 57.10 60.30 972,305 16:35:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Leisure Goods 285.1 -16.4 -4.0 - 204

Card Factory PLC Trading and Liquidity Update

30/04/2021 7:00am

UK Regulatory (RNS & others)


Card Factory (LSE:CARD)
Historical Stock Chart


From Jan 2021 to Jul 2021

Click Here for more Card Factory Charts.

TIDMCARD

RNS Number : 1977X

Card Factory PLC

30 April 2021

30 April 2021

Card Factory plc

(" Card Factory " or the " Company ")

Update on trading post re-opening

Liquidity Update

Card Factory, the UK's leading specialist retailer of greeting cards, dressings and gifts, today announces both an update on trading post the re-opening of non-essential retail in England and Wales and its liquidity position.

Trading update

The Company is pleased to report that its performance following the reopening of stores in England and Wales from 12 April 2021 has exceeded its expectations.

We welcomed colleagues and customers back in our stores in Scotland from Monday 26 April, with stores opening in Northern Ireland today.

Liquidity Update

The Company has agreed headline terms for refinancing of the Group with its current syndicate of commercial lending banks and will issue a further update, over the coming weeks, once terms are documented.

Pending documentation of the revised facility terms, the banking syndicate has extended waivers in respect of anticipated covenant breaches to 31 May 2021, taking account of the Company's cash flow projections, subject to certain conditions.

A further update will be issued on the refinancing in due course.

Enquiries

Card Factory plc via Tulchan Communications (below)

Darcy Willson-Rymer, Chief Executive Officer

Kris Lee, Chief Financial Officer

   Tulchan Communications                                            +44 (0) 207 353 4200 
   James Macey White / Elizabeth Snow                             cardfactory@tulchangroup.com 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCFIFVVSDIIVIL

(END) Dow Jones Newswires

April 30, 2021 02:00 ET (06:00 GMT)

1 Year Card Factory Chart

1 Year Card Factory Chart

1 Month Card Factory Chart

1 Month Card Factory Chart
ADVFN Advertorial
Your Recent History
LSE
CARD
Card Facto..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210731 03:45:06