Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRestore Regulatory News (RST)

Share Price Information for Restore (RST)

Share Price is delayed by 15 minutes
Get Live Data
254.00    -1.00 (-0.39%)
Bid:
253.00
Ask:
255.00
Spread: 2.00 (0.791%)
Market Cap: £339.42m
RST Live PriceLast checked at - London Stock Exchange

Intraday Restore Share Chart

Debt Refinancing

29 Jun 2011 07:00

RNS Number : 3120J
Restore PLC
29 June 2011
 



Restore plc

("Restore" or "The Company")

Refinancing Agreement

Restore plc, the AIM listed UK Services Group, today announces that it has signed a new finance facility with Barclays Bank plc. The main details of the new facility are:

·; A 5 year Term Loan for £11 million at 2.85% over 3 month LIBOR. The repayment period is 10 years with quarterly payments commencing June 2012

·; A 3 year Revolving Credit Facility for £3 million at 3.5% over 3 month LIBOR

·; An overdraft, on demand, facility of £2 million at 3% over 3 month LIBOR

Commenting on the agreement Harvey Samson, Finance Director of Restore plc said: "Restore is a profitable business with excellent growth prospects and good quality of earnings. We are delighted to have put in place these new financing arrangements which enable us to continue our strategy of growth both organically and by acquisition."

 

For further information, please contact:

 

Restore plc

Charles Skinner, Chief Executive

Harvey Samson, Finance Director

Tel: 07966 234 075

Tel. 07836 658448

 

Cenkos Securities

Nicholas Wells / Elizabeth Bowman

Tel: 020 7397 8900

 

Threadneedle Communications

John Coles

Tel: 020 7653 9848

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGRGMGZVNRMGMZM
Date   Source Headline
7th Nov 20069:39 amRNSEPT Disclosure
7th Nov 20067:02 amRNSOffer Update
3rd Nov 200610:14 amRNSEPT Disclosure
3rd Nov 200610:14 amRNSDirector/PDMR Shareholding
2nd Nov 200610:38 amRNSEPT Disclosure
31st Oct 20062:56 pmRNSHolding(s) in Company
31st Oct 200611:50 amRNSEPT Disclosure
31st Oct 20069:56 amRNSEPT Disclosure
30th Oct 20069:59 amRNSEPT Disclosure
27th Oct 20063:35 pmRNSMerger Update
27th Oct 200612:27 pmRNSHolding(s) in Company
27th Oct 200611:00 amRNSEPT Disclosure
26th Oct 200612:00 pmRNSMerger Update
26th Oct 200610:45 amRNSEPT Disclosure
25th Oct 20064:44 pmRNSHolding(s) in Company
25th Oct 200610:26 amRNSEPT Disclosure
24th Oct 20067:01 amRNSOffer Update
23rd Oct 200611:57 amRNSEPT Disclosure
23rd Oct 200610:15 amRNSEPT Disclosure
19th Oct 200610:26 amRNSEPT Disclosure
18th Oct 20061:03 pmRNSRule 8.3- RADSTONE TECHNOLOGY
17th Oct 200612:56 pmRNSHolding(s) in Company
17th Oct 200612:43 pmRNSHolding(s) in Company
17th Oct 200610:25 amRNSEPT Disclosure
17th Oct 20068:00 amRNSGrant of Share Incentives
16th Oct 20069:43 amRNSEPT Disclosure
12th Oct 200610:08 amRNSEPT Disclosure
11th Oct 200611:00 amRNSMerger Update
11th Oct 20069:00 amRNSEPT Disclosure
10th Oct 200610:02 amRNSEPT Disclosure
9th Oct 20062:26 pmRNSDirector/PDMR Shareholding
9th Oct 200611:55 amRNSHolding(s) in Company
9th Oct 20069:35 amRNSEPT Disclosure
6th Oct 20064:56 pmRNSOffer Lapsed
6th Oct 200612:13 pmRNSHolding(s) in Company
6th Oct 200612:02 pmRNSEPT Disclosure
6th Oct 200611:07 amRNSHolding(s) in Company
6th Oct 200610:37 amRNSEPT Disclosure
5th Oct 200611:45 amRNSEPT Disclosure
5th Oct 20068:45 amRNSEPT Disclosure
4th Oct 20068:17 amRNSEPT Disclosure
3rd Oct 20064:35 pmBUSRule 8.3 - Radstone Technology Plc CFD
3rd Oct 20063:10 pmRNSHolding(s) in Company
3rd Oct 20061:52 pmRNSHolding(s) in Company
3rd Oct 20068:35 amRNSEPT Disclosure
2nd Oct 20065:48 pmRNSOffer Update
2nd Oct 20063:00 pmBUSRule 8.3 - Radstone Technology Plc CFD
2nd Oct 20069:40 amRNSEPT Disclosure
2nd Oct 20067:02 amRNSOffer Document Posted
29th Sep 20062:33 pmRNSHolding(s) in Company

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.