New banking facilities
18 August 2023
Everyman Media Group PLC
("Everyman" the "Company" or the "Group")
New banking facilities
Everyman Media Group PLC (AIM: EMAN) is pleased to announce that on 17 August 2023 the Group agreed a new three year loan facility of £35m with Barclays Bank Plc and National Westminster Bank Plc, extendable by a further two years subject to lender consent. The facility ensures that the Group is soundly financially structured and well positioned to take advantage of opportunities moving forwards.
The new facility replaces the existing £25m Revolving Credit Facility and £15m Coronavirus Large Business Interruption Loan Scheme ("CLBILS") held with Barclays Bank Plc and Santander UK Plc.
For further information, please contact:
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Everyman Media Group PLC |
Tel : +44 (0)20 3145 0500 |
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Alex Scrimgeour, Chief Executive |
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Will Worsdell, Finance Director |
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Canaccord Genuity Limited - (Nominated Adviser and Broker) |
Tel : +44 (0)20 7523 8000 |
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Bobbie Hilliam |
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Harry Pardoe |
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Alma (Financial PR Advisor) |
Tel: +44 (0)20 3405 0205 |
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Rebecca Sanders-Hewett |
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Joe Pederzolli |
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