Silverdell PLC Confirmation of Banking Facilities (6260L)
2013年8月14日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
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RNS Number : 6260L
Silverdell PLC
14 August 2013
Silverdell plc ("Silverdell" or "the Group")
Confirmation of Banking Facilities
Further to the announcement of the acquisition of the business
and certain assets of Kitsons Environmental Europe Limited
("Kitsons") by Euro Dismantling Services Limited ("EDS") on 24 July
2013, the Board is pleased to announce confirmation that it has
reached agreement with its lending bank HSBC regarding the
provision of an additional facility of GBP5 million. The new
facility will be used alongside the Group's existing cash resources
to satisfy the deferred consideration for the acquisition of
Kitsons. The new facility will be reviewed on 31 January 2014.
EDS is currently in the process of novating Kitsons' customer
contracts and site operations continue with minimal disruption.
The Group is currently assessing the impact of the
administration on its trading performance and therefore the capital
requirements of the business for the remainder of FY2013 and for
FY2014 in order to work towards lifting the suspension from trading
of the Group's shares.
Further announcements will be issued in due course.
ENQUIRIES:
Silverdell Plc Tel: + 44 20 7389
6827
Sean Nutley, Group Chief Executive
Ian Johnson, Chief Financial Officer
FinnCap (Nominated Adviser and Broker) Tel: + 44 20 7220
0500
Matt Goode (Corporate Finance)
Ben Thompson (Corporate Finance)
Victoria Bates (Corporate Broking)
College Hill Tel: + 44 20 7457
2020
Mark Garraway
Helen Tarbet
This information is provided by RNS
The company news service from the London Stock Exchange
END
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