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Pin to quick picksEveryman Media Regulatory News (EMAN)

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New banking facilities

18 Aug 2023 07:01

RNS Number : 7057J
Everyman Media Group PLC
18 August 2023
 

18 August 2023

 

Everyman Media Group PLC

("Everyman" the "Company" or the "Group")

 

New banking facilities

 

Everyman Media Group PLC (AIM: EMAN) is pleased to announce that on 17 August 2023 the Group agreed a new three year loan facility of £35m with Barclays Bank Plc and National Westminster Bank Plc, extendable by a further two years subject to lender consent. The facility ensures that the Group is soundly financially structured and well positioned to take advantage of opportunities moving forwards.

The new facility replaces the existing £25m Revolving Credit Facility and £15m Coronavirus Large Business Interruption Loan Scheme ("CLBILS") held with Barclays Bank Plc and Santander UK Plc.

For further information, please contact:

Everyman Media Group PLC

Tel : +44 (0)20 3145 0500

Alex Scrimgeour, Chief Executive

Will Worsdell, Finance Director

Canaccord Genuity Limited - (Nominated Adviser and Broker)

Tel : +44 (0)20 7523 8000

Bobbie Hilliam

Harry Pardoe

Alma (Financial PR Advisor)

Tel:  +44 (0)20 3405 0205

Rebecca Sanders-HewettDavid Ison

Joe Pederzolli

 

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