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Pin to quick picksRedcentric Regulatory News (RCN)

Share Price Information for Redcentric (RCN)

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Extension of bank facilities

9 Jun 2020 07:00

RNS Number : 3250P
Redcentric PLC
09 June 2020
 

Redcentric plc

("Redcentric" or the "Company")

 

Extension of bank facilities

Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is pleased to announce that it has extended its bank funding facilities until 30 June 2022. The extended facilities comprise a £17.5 million revolving credit facility ("RCF"), with a £20 million accordion and a £5 million asset financing facility. The RCF is provided jointly by Barclays Bank PLC and National Westminster Bank plc with Lombard Technology providing the asset financing facility.

Peter Brotherton, Chief Executive Officer, commented:

"We are pleased to have extended our relationship and facilities with our long-standing finance partners into 2022 and with the continued support we have received from them."

 

Enquiries:

Redcentric plc +44 (0)800 983 2522

Peter Brotherton, Chief Executive Officer

David Senior, Chief Financial Officer

finnCap Ltd - Nomad and Broker +44 (0)20 7220 0500

Marc Milmo / Simon Hicks (Corporate Finance)

Andrew Burdis / Sunila de Silva (ECM)

END

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END
 
 
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Date   Source Headline
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2nd Sep 20207:00 amRNSResponse to press speculation-formal sales process
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21st Jul 20207:00 amRNSPreliminary Results Announcement FY20
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26th Jun 202010:07 amRNSAdditional Voting Support
26th Jun 20207:00 amRNSProposed Restitution Scheme and Placing
26th Jun 20207:00 amRNSTrading Update and Results Date
19th Jun 20207:00 amRNSDelay of Full Year Results
9th Jun 20207:00 amRNSExtension of bank facilities
12th May 20203:22 pmRNSHolding(s) in Company
3rd Apr 20207:01 amRNSBoard Changes
3rd Apr 20207:00 amRNSTrading update and COVID-19 update
19th Mar 20205:48 pmRNSTransaction in Own Shares
17th Mar 20205:41 pmRNSTransaction in Own Shares
16th Mar 20205:15 pmRNSTransaction in Own Shares
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28th Nov 20197:00 amRNSHalf Year Results
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29th Oct 20197:00 amRNSTransaction in Own Shares
25th Oct 20195:23 pmRNSTransaction in Own Shares
17th Oct 20197:00 amRNSBoard Changes
9th Oct 20197:00 amRNSTrading Update
30th Sep 20197:00 amRNSDirector/PDMR Shareholding and Issue of Equity
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4th Sep 20192:30 pmRNSIssue of Options
2nd Sep 20191:03 pmRNSResult of AGM
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30th Aug 20194:19 pmRNSSave As You Earn Share Option Scheme

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