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Pin to quick picksEbiquity Regulatory News (EBQ)

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New Debt Facility

3 Jul 2014 07:00

RNS Number : 2902L
Ebiquity PLC
03 July 2014
 



Ebiquity plc

("the Company")

 

New debt facility

 

The Company announces that it has entered into a new £40m debt facility with Barclays Bank and The Royal Bank of Scotland. This new facility is to be used to refinance existing debt and also makes funds available for potential strategic acquisitions and working capital requirements.

 

The new facility also provides for an accordion option whereby the facility may be increased by up to £20m to a total commitment of £60m.

 

Michael Greenlees, Ebiquity Group CEO, commented:

 

We are delighted with the support we have received from our banks and look forward to working together going forward. The new facility ensures we have the necessary resources in place as we continue our journey to becoming a global leader in data analytics.

 

3 July 2014

 

Enquiries:

 

Ebiquity plc

020 7650 9600

Michael Greenlees, CEO

Andrew Beach, CFO

Instinctif Partners

020 7457 2020

Matthew Smallwood

Jamie Ramsay

Numis Securities

020 7260 1000

Nick Westlake (NOMAD)

David Poutney, James Serjeant (Corporate Broker)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAXXAEEDLEFF
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30th Mar 20167:00 amRNSFinal Results
27th Jan 20167:00 amRNSAppointment of Director and Director Dealing
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15th Sep 20153:33 pmRNSResult of AGM
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28th Jul 20157:10 amRNSChange in financial year end
28th Jul 20157:00 amRNSFinal Results
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16th Feb 201512:45 pmRNSExercise of Share Options
13th Feb 20153:50 pmRNSAcquisition and issue of shares

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