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  2. Share Prices
  3. Mcbride Share Price
  4. Mcbride Share Regulatory News
  5. Redemption of B Shares

Pin to quick picksMcbride Regulatory News (MCB)

Mcbride Information

Share Price Information for Mcbride (MCB)

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Redemption of B Shares

3 Oct 2022 17:07

RNS Number : 6219B
McBride PLC
03 October 2022
 

3rd October 2022

 

McBride plc

 

Amended Financing Agreement

 

Redemption of Non-Cumulative Redeemable Preference Shares of 0.1p each ("B Shares")

 

McBride plc, the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, today provides the following update in relation to its B shares.

 

Under its €175m RCF as amended and announced on 29th September 2022, McBride plc is not permitted to redeem or repay any of its share capital. This restriction remains in place until the original maturity date of the RCF in May 2026. Consequently, the redemption of B shares that would normally have taken place in November, will not now take place.

 

 

For further information, please contact:

 

McBride plc

 

Chris Smith, Chief Executive Officer

0161 203 7570

Mark Strickland, Chief Financial Officer

0161 203 7570

FTI Consulting LLP

 

Ed Bridges, Nick Hasell

020 3727 1017

 

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5678910111213

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