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Digital Barriers Agrees GBP10 Million, Two-Year Facility With Investec

Tue, 18th Oct 2016 08:19

LONDON (Alliance News) - Surveillance, security and safety technology firm Digital Barriers PLC on Tuesday said it has agreed a GBP10.0 million, two-year revolving credit facility with Investec Bank PLC.

No details were provided on the terms of the loan.

Digital Barriers said the loan will be used to fund working capital requirements in the business following growth in its contracted workload.

Shares in Digital Barriers were untraded on Tuesday morning, having last traded at 45.00 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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