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Marlowe Share News (MRL)
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- This share is currently suspended. It was suspended at a price of 440.00
- There is currently no data for MRL
Marlowe enters new, larger debt facility
The AIM-traded firm said the new unsecured debt facility would replace its existing facility, and increase its total committed facility to £180m from £130m, in addition to a further £60m uncommitted accordion.
It said the facility involved a banking syndicate of six banks, and would have an initial three-year term with two optional annual extensions.
"The increased debt capacity provided by the new facility will provide further resources as the group continues to deliver upon its ongoing growth strategy," the Marlowe board said in its statement.
At 1121 GMT, shares in Marlowe were down 1.13% at 876p.
Latest MRL News
- Marlowe to return £150m to shareholders in H1
18 Mar 2024 - RBC Capital starts Marlowe at 'outperform'
13 Mar 2024 - Marlowe shares shoot up after premium offer for software assets
22 Feb 2024 - Marlowe sells software and service assets in £430m deal
22 Feb 2024 - Marlowe interim profit falls as costs increase faster than revenue
28 Nov 2023 - Marlowe shares tank after H1 results show £9m loss
28 Nov 2023 - Marlowe starts new financial year on strong footing
13 Sep 2023 - IN BRIEF: Marlowe eyes "high" annual single digit organic growth
13 Sep 2023
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Marlowe News
Marlowe to return £150m to shareholders in H1
(Sharecast News) - Business service and regulatory software company Marlowe said on Monday that subject to completion, proposed returns of capital wer...
RBC Capital starts Marlowe at 'outperform'
(Sharecast News) - RBC Capital Markets initiated coverage of Marlowe on Wednesday with an 'outperform' rating and 630p price target.
Marlowe shares shoot up after premium offer for software assets
(Alliance News) - Shares in Marlowe PLC jumped on Thursday, after the company accepted a lucrative offer for its software and services assets.
Marlowe sells software and service assets in £430m deal
(Sharecast News) - Business service and regulatory software company Marlowe announced a deal to divest specific governance, risk and compliance (GRC) ...
Marlowe interim profit falls as costs increase faster than revenue
(Alliance News) - Marlowe PLC on Tuesday reported a decline in half-year profit due to costs but noted progress at its integration programmes.
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(Sharecast News) - Shares in Marlowe sank on Tuesday morning after the safety and compliance software group swung to a statutory loss of nearly £...
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(Sharecast News) - Regulatory compliance software and service provider Marlowe said in a trading update on Wednesday that it had started its new finan...
IN BRIEF: Marlowe eyes "high" annual single digit organic growth
Marlowe PLC - London-based software & service provider for safety and regulatory compliance - Company started the financial year 2024 that began on Ap...
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