New Bank Facility

RNS Number : 6940L

Fuller,Smith&Turner PLC

11 May 2010

 



11 May 2010

Fuller, Smith & Turner P.L.C.

New Bank Facility

Fuller, Smith & Turner P.L.C. ("Fuller's" or the "Group") is pleased to announce that it has today entered into a new £100 million bank facility to replace its existing facilities which are due to expire in November this year.

The facility has a five year term expiring in May 2015, has no amortisation requirements and provides £18 million of additional funding above the amount currently available under the existing facility. The facility is on highly competitive terms and also allows the Group to arrange further funding for any suitable acquisitions. The banks, participating on equal terms, are Barclays, Mediobanca and The Co-operative Bank.

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For further information, please contact:

Fuller, Smith & Turner P.L.C.

Press Office 020 8996 2175/2198/2048

Mobile: [phone]

[e-mail]

Michael Turner: Press 020 8996 2048

James Douglas: Analysts 020 8996 2048

Merlin 020 7653 6620

Paul Downes 07900 244 888 (mobile)

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