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
28th Jul 202112:56 pmGNWForm 8.3 - Octopus Investments - Restore plc
28th Jul 202111:56 amGNWForm 8.3 - [Restore plc - 27 07 2021] - (CGWL)
28th Jul 202111:05 amGNWForm 8.3 - Restore Plc
28th Jul 202111:02 amRNSForm 8.3 - Marlowe plc
28th Jul 202110:54 amRNSForm 8.3 - Restore plc
28th Jul 202110:18 amRNSForm 8.5 (EPT/RI) - Restore Plc
28th Jul 20219:51 amRNSForm 8.3 - Restore plc
28th Jul 20219:06 amRNSForm 8.5 (EPT/NON-RI)
27th Jul 20213:20 pmRNSForm 8.3 - Restore Plc
27th Jul 20212:59 pmRNSForm 8.3 - MARLOWE PLC
27th Jul 20212:56 pmRNSForm 8.3 - RESTORE PLC
27th Jul 20212:43 pmRNSForm 8.3 - Restore plc
27th Jul 20212:11 pmRNSForm 8.3 - Restore Plc
27th Jul 20211:37 pmGNWForm 8.3 - Octopus Investments - Restore plc
27th Jul 202110:54 amRNSForm 8.5 (EPT/NON-RI)
27th Jul 20219:37 amRNSForm 8.5 (EPT/RI) - Restore Plc
27th Jul 20217:00 amRNSHalf Year Results 2021
26th Jul 20213:30 pmRNSForm 8.3 - Restore plc - Replacement
26th Jul 20213:20 pmRNSForm 8.3 - Restore Plc
26th Jul 20212:45 pmRNSForm 8.3 - RESTORE PLC
26th Jul 20212:38 pmRNSForm 8.3 - MARLOWE PLC
26th Jul 20212:36 pmGNWInvesco Ltd: Restore Plc
26th Jul 20212:35 pmRNSForm 8.3 - Restore plc
26th Jul 202112:45 pmGNWForm 8.3 - Octopus Investments - Restore plc
26th Jul 202112:05 pmRNSForm 8.5 (EPT/RI) - Restore Plc
26th Jul 202111:58 amGNWForm 8.3 - [Restore plc - 23 07 2021] - (CGWL)
26th Jul 202111:30 amRNSForm 8.5 (EPT/NON-RI)
26th Jul 202111:16 amRNSForm 8.5 (EPT/RI)
26th Jul 202111:15 amGNWForm 8.3 - Restore Plc
23rd Jul 20213:44 pmRNSForm 8.3 - RESTORE PLC
23rd Jul 20213:33 pmGNWForm 8.3 - Restore Plc
23rd Jul 20213:20 pmRNSForm 8.3 - Restore Plc
23rd Jul 20212:38 pmRNSForm 8.5 (EPT/NON-RI) - Amendment
23rd Jul 20212:36 pmRNSForm 8.3 - Restore plc
23rd Jul 20212:20 pmRNSForm 8.3 - Restore plc
23rd Jul 20212:08 pmRNSForm 8.3 - Restore PLC
23rd Jul 20212:07 pmGNWForm 8.3 - [Restore plc - 22 07 2021] - (CGWL)
23rd Jul 20212:04 pmGNWInvesco Ltd: Restore Plc
23rd Jul 20211:40 pmRNSForm 8.3 - Restore plc
23rd Jul 20211:29 pmRNSForm 8.3 - Restore Plc
23rd Jul 20211:07 pmRNSForm 8.3 - Restore plc
23rd Jul 202112:57 pmGNWForm 8.3 - Restore Plc
23rd Jul 202112:48 pmGNWForm 8.3 - Octopus Investments - Restore plc
23rd Jul 202112:31 pmRNSForm 8.3 - MARLOWE PLC
23rd Jul 202112:26 pmRNSForm 8.3 - RESTORE PLC
23rd Jul 202112:00 pmRNSForm 8.5 (EPT/RI) - Restore Plc
23rd Jul 202111:46 amRNSForm 8.5 (EPT/NON-RI)
23rd Jul 202110:26 amRNSForm 8.5 (EPT/NON-RI)
22nd Jul 20214:39 pmGNWForm 8.3 - Restore Plc
22nd Jul 20213:30 pmEQSMaitland Institutional Services Limited: Form 8.3 re Restore plc

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.