Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

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
23rd Mar 20215:54 pmRNSExercise of Options
4th Mar 20217:00 amRNSChange of auditor
12th Jan 20217:00 amRNSHalf-year Report
21st Dec 20207:00 amRNSLaunch of CustomsCloudTM product
11th Nov 20207:00 amRNSContract Win
29th Oct 20204:45 pmRNSResult of AGM
30th Sep 20209:20 amRNSNotice of AGM
29th Sep 202010:15 amRNSHolding(s) in Company
28th Sep 20204:33 pmRNSChange of Registered Office
25th Sep 202012:01 pmRNSIssue of Equity
24th Sep 20207:00 amRNSDirector/PDMR Dealing
22nd Sep 20207:00 amRNSAudited Results for the year ended 30 April 2020
1st Sep 20207:00 amRNSBoard Update
28th Aug 20204:42 pmRNSHolding(s) in Company
17th Aug 20207:00 amRNSAppointment of Chief Customer Officer
11th Aug 20209:06 amRNSSecond Price Monitoring Extn
11th Aug 20209:01 amRNSPrice Monitoring Extension
7th Jul 20207:00 amRNSStrengthening client relationships during COVID-19
25th Jun 20207:00 amRNSContract Renewals
16th Jun 20209:01 amRNSDirector/PDMR Options
15th Jun 20207:00 amRNSGrant of Options
12th Jun 20204:13 pmRNSHolding(s) in Company
11th Jun 20203:07 pmRNSHolding(s) in Company
9th Jun 20208:40 amRNSHolding(s) in Company
2nd Jun 20208:07 amRNSHolding(s) in Company
1st Jun 20208:56 amRNSHolding(s) in Company
29th May 20209:43 amRNSHolding(s) in Company
29th May 20208:43 amRNSHolding(s) in Company
28th May 202012:32 pmRNSHolding(s) in Company
28th May 202010:39 amRNSHolding(s) in Company
27th May 202012:06 pmRNSResult of General Meeting
19th May 20208:19 amRNSHolding(s) in Company
18th May 20202:48 pmRNSHolding(s) in Company
15th May 20202:49 pmRNSHolding(s) in Company
7th May 20203:53 pmRNSPlacing to Raise £7.3m and Trading Update
10th Feb 202010:56 amRNSDirector/PDMR Shareholding
4th Feb 20205:26 pmRNSDirector/PDMR Shareholding
15th Jan 20209:17 amRNSPDMR Shareholding
14th Jan 20204:41 pmRNSSecond Price Monitoring Extn
14th Jan 20204:36 pmRNSPrice Monitoring Extension
14th Jan 20207:01 amRNSContract Win
14th Jan 20207:00 amRNSHalf-year Report
8th Jan 20207:00 amRNSContract Wins
11th Dec 20197:00 amRNSTrading Update
26th Nov 20198:57 amRNSHolding(s) in Company
25th Nov 20196:17 pmRNSDirector/PDMR Shareholding
17th Oct 20192:01 pmRNSResult of AGM
17th Oct 20197:00 amRNSBoard Changes
24th Sep 20197:00 amRNSAcquisition
17th Sep 20197:00 amRNSFinal Results

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.