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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rank Group Plc | LSE:RNK | London | Ordinary Share | GB00B1L5QH97 | ORD 13 8/9P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.00 | 4.23% | 74.00 | 72.00 | 74.00 | 75.00 | 72.00 | 73.00 | 194,074 | 16:35:24 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Amusement & Rec Svcs, Nec | 681.9M | -95.3M | -0.2034 | -3.63 | 345.7M |
From Apr 2021 to Apr 2024
TIDMRNK
RNS Number : 3755E
Rank Group PLC
07 July 2021
7 July 2021
The Rank Group Plc
LEI : 213800TXKD6XZWOFTE12
Business Update
The Rank Group Plc (LSE: RNK) ('Rank' or 'the Group') provides an update on its banking facilities
Rank is pleased to announce that it has signed a new two year GBP25m Revolving Credit Facility ('RCF') agreement with Lloyds Bank plc. The facility provides the Group with additional liquidity and the opportunity, when we are confident that the Group is delivering sustainable positive cashflows, to accelerate investment in the Group's transformation plan.
The new facility is subject to the same financial covenant waiver and associated conditions, including a quarterly minimum GBP50m cash and available facilities test, that are in place across the Group's other bank facility agreements.
This new facility is in addition to the Group's existing GBP55m RCF and the remaining GBP108.4m term loan.
Ends
Contacts: Rank Sarah Powell - investor Tel: +44 1628 504 303 relations Media Enquiries: FTI Consulting LLP (PR adviser to Rank) Edward Bridges Tel: +44 20 3727 1067 Alex Beagley Tel: +44 20 3727 1045
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END
MSCEAFXKEAKFEAA
(END) Dow Jones Newswires
July 07, 2021 02:00 ET (06:00 GMT)
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