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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 | |
---|---|---|---|---|---|---|---|---|---|---|
8.00 | 1.60% | 508.00 | 506.00 | 510.00 | 509.00 | 505.00 | 505.00 | 563,531 | 15:51:21 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 465.7M | -3.8M | -0.0393 | -129.26 | 491.62M |
TIDMMRL
RNS Number : 9815P
Marlowe PLC
24 November 2016
24 November 2016
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 GBP7.5 million debt facility with Lloyds Bank by an additional GBP5 million to GBP12.5 million. The new facilities comprise an additional GBP3.5 million of term loan and an additional GBP1.5 million Revolving Credit Facility.
The increased debt facility will provide further resources to support the Company's acquisition-led growth strategy.
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 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 information is provided by RNS
The company news service from the London Stock Exchange
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November 24, 2016 02:00 ET (07:00 GMT)
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