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 Sep 20069:19 amRNSEPT Disclosure
7th Sep 20069:18 amRNSResp to Radstone's AGM Stmt
7th Sep 20067:03 amRNSAGM Statement
7th Sep 20067:03 amRNSInterim Results
6th Sep 20069:54 amRNSEPT Disclosure
6th Sep 20069:34 amRNSHolding(s) in Company
6th Sep 20069:33 amRNSHolding(s) in Company
6th Sep 20068:32 amRNSHolding(s) in Company
5th Sep 20062:54 pmRNSHolding(s) in Company
5th Sep 20061:46 pmRNSRule 8.3- Radstone Technology
5th Sep 200612:49 pmRNSHolding(s) in Company
5th Sep 200612:11 pmRNSHolding(s) in Company
5th Sep 20069:52 amRNSEPT Disclosure
4th Sep 20064:42 pmRNSRejection Announcement
4th Sep 20061:27 pmRNSHolding(s) in Company
4th Sep 20061:26 pmRNSHolding(s) in Company
4th Sep 20069:54 amRNSEPT Disclosure
4th Sep 20069:00 amRNSOffer Document Posted
1st Sep 20063:00 pmRNSMerger Update
1st Sep 200612:29 pmRNSRule 8.3- Radstone Technology
1st Sep 200610:17 amRNSEPT Disclosure
1st Sep 20068:00 amRNSNotice of Results
31st Aug 200612:30 pmRNSRule 8.3- Radstone Technology
31st Aug 200612:23 pmRNSRule 8.3- Radstone Technology
31st Aug 200610:16 amPRNRule 8.3
31st Aug 200610:07 amRNSEPT Disclosure
30th Aug 20065:07 pmRNSRule 8.3- Radstone Technology
30th Aug 20062:16 pmRNSRule 8.1- Radstone Technology
30th Aug 20062:13 pmRNSShare purchases & support
30th Aug 200612:49 pmRNSResponse
30th Aug 20069:50 amRNSEPT Disclosure
30th Aug 20067:36 amRNSOffer for Radstone Technology
29th Aug 20069:53 amRNSEPT Disclosure
25th Aug 20069:44 amRNSEPT Disclosure
24th Aug 20069:40 amRNSEPT Disclosure
23rd Aug 200610:25 amRNSEPT Disclosure
22nd Aug 200611:51 amRNSRule 8.3- Radstone Technology
22nd Aug 200611:02 amRNSEPT Disclosure
22nd Aug 200611:02 amRNSEPT Disclosure
21st Aug 200611:09 amRNSEPT Disclosure
18th Aug 20065:48 pmRNSRejection of Approach
18th Aug 20063:39 pmRNSResponse to share price rise
18th Aug 20061:15 pmRNSAnnual Information Update
17th Aug 20069:26 amRNSAnnual Report and Accounts
15th Aug 20067:01 amRNSAnalyst Site Visit
7th Aug 20061:44 pmRNSHolding(s) in Company
7th Aug 20067:00 amRNS$6m Order From Astronautics
26th Jul 20069:28 amRNSHolding(s) in Company
26th Jul 20069:28 amRNSHolding(s) in Company
25th Jul 20065:14 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.