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Pin to quick picksEbiquity Regulatory News (EBQ)

Ebiquity Information

Share Price Information for Ebiquity (EBQ)

London Stock Exchange
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Share Price: 43.50
Bid: 42.00
Ask: 45.00
Change: 0.00 (0.00%)
Spread: 3.00 (7.143%)
Open: 43.50
High: 43.50
Low: 43.50
Prev. Close: 43.50
EBQ Live PriceLast checked at -

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New Debt Facility

3 Jul 2014 07:00

RNS Number : 2902L
Ebiquity PLC
03 July 2014
 



Ebiquity plc

("the Company")

 

New debt facility

 

The Company announces that it has entered into a new £40m debt facility with Barclays Bank and The Royal Bank of Scotland. This new facility is to be used to refinance existing debt and also makes funds available for potential strategic acquisitions and working capital requirements.

 

The new facility also provides for an accordion option whereby the facility may be increased by up to £20m to a total commitment of £60m.

 

Michael Greenlees, Ebiquity Group CEO, commented:

 

We are delighted with the support we have received from our banks and look forward to working together going forward. The new facility ensures we have the necessary resources in place as we continue our journey to becoming a global leader in data analytics.

 

3 July 2014

 

Enquiries:

 

Ebiquity plc

020 7650 9600

Michael Greenlees, CEO

Andrew Beach, CFO

Instinctif Partners

020 7457 2020

Matthew Smallwood

Jamie Ramsay

Numis Securities

020 7260 1000

Nick Westlake (NOMAD)

David Poutney, James Serjeant (Corporate Broker)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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