Progressive Digital Media Group PLC New Banking Facilities (6312M)
17 Juillet 2014 - 2:39PM
UK Regulatory
TIDMPRO
RNS Number : 6312M
Progressive Digital Media Group PLC
17 July 2014
17 July 2014
Progressive Digital Media Group plc ("Progressive" or "the
Group")
New Banking Facilities
Progressive is pleased to announce that it has negotiated new
banking facilities with The Royal Bank of Scotland ("RBS"). A new 5
year facility replaces the Group's current arrangements which were
due to expire in September 2015. The new GBP30million
multi-currency facility includes a GBP10million term loan and a
GBP20million revolving credit facility.
The new banking arrangements provide sufficient liquidity for
both general working capital requirements and where appropriate,
the financing of further acquisitions.
For further information please contact:
Progressive Digital Media Group plc
Simon Pyper
Chief Executive
Tel: 0207 936 6400
N+1 Singer
Nominated Adviser to the Company
James Maxwell/Nick Donovan
Tel: 0207 496 3000
Hudson Sandler
Financial and Corporate Communication
Nick Lyon
Tel: 0207 796 4133
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUBOURSWABAAR
Globaldata (LSE:DATA)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Globaldata (LSE:DATA)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024