Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRosslyn Data Regulatory News (RDT)

Share Price Information for Rosslyn Data (RDT)

Share Price is delayed by 15 minutes
Get Live Data
1.85    0.00 (0.00%)
Bid:
1.80
Ask:
1.90
Spread: 0.10 (5.556%)
Market Cap: £2.18m
RDT Live PriceLast checked at - London Stock Exchange

Intraday Rosslyn Data Share Chart

Loan Refinancing

9 Apr 2019 07:00

RNS Number : 5006V
Rosslyn Data Technologies PLC
09 April 2019
 

 

9 April 2019

 

Rosslyn Data Technologies plc

(the "Company" or "Rosslyn")

 

Loan Refinancing

 

Rosslyn Data Technologies plc (AIM: RDT), a leading global big data technology company, is pleased to announce that it has refinanced the debt it assumed as part of the Company's acquisition of Integritie (UK) Limited in April 2017 (the "Integritie Debt").

 

The new, three year, £1.5 million, secured facility is with Clydesdale Bank and is on equivalent terms, with an interest rate of 7.75% plus 3 month LIBOR. £1.0 million will be drawn down immediately and used to repay the Integritie Debt of £0.75 million, the majority of which was maturing this year. The balance is expected to be used for working capital purposes. Repayment of the £1.0 million will be made over 11 equal quarterly installments, starting on 28 September 2019, and with any other drawings to be repaid by 28 March 2022.

Rosslyn CEO, Roger Bullen said, "I am delighted that we have been able to replace our existing debt with a facility from Clydesdale Bank, which I believe demonstrates confidence in Rosslyn as a maturing business as it prepares for future growth. The refinancing of the Integritie Debt and conclusion of outstanding earn-out provisions now ends all financing arrangements with the vendors of Integritie. The Rosslyn business continues to perform and I look forward to releasing a trading update in May."

 

 

 Rosslyn Data Technologies plc

Roger Bullen,

Chief Executive Officer

 

+44(0)20 7138 3203

+44(0)77 7162 3345

 

Cenkos Securities -

Nominated Adviser, Broker

Stephen Keys/Giles Balleny

 

+44(0)20 7397 8924

 

Notes to Editors

Rosslyn Data Technologies plc, (AIM: RDT) is a leading provider of a cloud-based data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers. Rosslyn Data Technologies plc is the ultimate holding company of the Group and owns Rosslyn Analytics Limited and Integritie (UK) Ltd.

 

Further information can also be found on the Company's website at: www.rosslyndatatech.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
IODLLFERSAITIIA
Date   Source Headline
30th Oct 20243:29 pmRNSHolding(s) in Company
30th Oct 20242:43 pmRNSHolding(s) in Company
30th Oct 202412:54 pmRNSHolding(s) in Company
30th Oct 202412:16 pmRNSHolding(s) in Company
30th Oct 20247:00 amRNSDirector Dealings
29th Oct 20243:29 pmRNSHolding(s) in Company
29th Oct 202412:23 pmRNSHolding(s) in Company
29th Oct 202411:44 amRNSHolding(s) in Company
29th Oct 20247:00 amRNSFinal Results and Publication of Annual Report
25th Oct 20244:59 pmRNSHolding(s) in Company
25th Oct 202411:54 amRNSResult of General Meeting and TVR
11th Oct 20248:00 amRNSResult of Retail Offer
9th Oct 20247:00 amRNSResult of Placing and Posting of Circular
8th Oct 20244:55 pmRNSRetail Offer by PrimaryBid
8th Oct 20244:50 pmRNSFundraise, CLN Conversion & Capital Reorganisation
23rd Aug 20242:34 pmRNSHolding(s) in Company
21st Aug 20247:00 amRNSTrading Update
21st Aug 20247:00 amRNSMajor New Client Win
14th Aug 20245:45 pmRNSHolding(s) in Company
4th Jun 20242:05 pmRNSHolding(s) in Company
28th Mar 202412:56 pmRNSHolding(s) in Company
28th Mar 202412:55 pmRNSHolding(s) in Company
6th Mar 202411:49 amRNSHolding(s) in Company
4th Mar 202411:47 amRNSHolding(s) in Company
4th Mar 20247:00 amRNSTrading Update
25th Jan 20246:07 pmRNSReplacement- Interim Results
25th Jan 20247:00 amRNSInterim Results
12th Jan 20249:54 amRNSHolding(s) in Company
12th Jan 20249:52 amRNSHolding(s) in Company
4th Jan 20242:21 pmRNSChange of Registered Address
12th Dec 202311:24 amRNSChange of Nominated Adviser and Broker
8th Dec 20234:42 pmRNSHolding(s) in Company
24th Nov 202312:43 pmRNSHolding(s) in Company
23rd Nov 20231:31 pmRNSResult of AGM
31st Oct 20237:00 amRNSFinal Results, Annual Report and Notice of AGM
27th Oct 20234:15 pmRNSHolding(s) in Company
17th Oct 202312:46 pmRNSHolding(s) in Company
17th Oct 202310:10 amRNSHolding(s) in Company
5th Oct 202310:21 amRNSHolding(s) in Company
2nd Oct 20237:00 amRNSDirectorate Change
26th Sep 202311:08 amRNSHolding(s) in Company
25th Sep 20235:28 pmRNSTR1 - NOTIFICATION OF MAJOR HOLDINGS
25th Sep 20234:51 pmRNSHolding(s) in Company
25th Sep 20233:52 pmRNSHolding(s) in Company
22nd Sep 202311:52 amRNSHolding(s) in Company
21st Sep 202312:43 pmRNSHolding(s) in Company
21st Sep 202312:37 pmRNSHolding(s) in Company
20th Sep 20237:00 amRNSShare Consolidation and Total Voting Rights
19th Sep 20238:07 amRNSDirector Dealings
18th Sep 202312:09 pmRNSResult of General Meeting

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.