Last checked at 7 Aug 2023 07:45
7 August 2023
Marlowe plc
Response to Speculation
Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services and software which assure regulatory compliance, notes ongoing speculation in relation to its Testing, Inspection & Certification business ("TIC").
The Marlowe TIC business is a high performing leading provider of critical safety and compliance services in fire, water hygiene and air quality, with a proven track record of delivering strong growth.
Marlowe regularly reviews its portfolio of businesses with the aim of seeking to maximise shareholder value but confirms that no decision has been made in respect of any potential strategic action for any of the Group's businesses. There can be no certainty that any such action will be taken.
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For further information:
Marlowe plc | ||
Alex Dacre, Chief Executive | www.marloweplc.com | |
Adam Councell, Chief Financial Officer | Tel: +44 (0) 203 813 8498 | |
Benjamin Tucker, Investor Relations Manager | ||
Cenkos Securities plc (Nominated Adviser and Joint Broker) | ||
Ben Jeynes | Tel: +44 (0)20 7397 8900 | |
George Lawson | ||
Berenberg (Joint Broker) | ||
Ben Wright | Tel: +44 (0)20 3207 7800 | |
Mark Whitmore | ||
Stifel (Joint Broker) | ||
Matthew Blawat | Tel: +44 (0)20 7710 7688 | |
Francis North | ||
FTI Consulting | ||
Nick Hasell | Tel: +44 (0)20 3727 1340 | |
Alex Le May | ||
About Marlowe plc
Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.