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MARLOWE PLC Capital/Financing Update 2022
7777_cap_2022-02-10_dece333f-3d77-4bb8-b14f-1820a097262d.html
Capital/Financing Update
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National Storage Mechanism | Additional information 
RNS Number : 2234B
Marlowe PLC
10 February 2022
10 February 2022
Marlowe plc
("Marlowe", the "Company" or the "Group")
New Enlarged Debt Facility
Marlowe, the leader in business-critical services and software which assure regulatory compliance, announces that it has entered into a new enlarged debt facility.
The new unsecured debt facility replaces Marlowe's existing facility and increases the Group's total committed facility from £130 million to £180 million in addition to a further £60 million of uncommitted accordion.
The facility involves a banking syndicate of six banks and will have an initial three-year term with two optional annual extensions.
The increased debt capacity provided by the new facility will provide further resources as the Group continues to deliver upon its ongoing growth strategy.
For further information:
| Marlowe plc | www.marloweplc.com |
| Alex Dacre, Chief Executive | Tel: +44 (0) 203 813 8498 |
| Adam Councell, Chief Financial Officer | [email protected] |
| Julian Wais, Head of Investor Relations | |
| Cenkos Securities plc Nominated Adviser and Joint Broker |
Tel: +44 (0)20 7397 8900 |
| Nicholas Wells | |
| Ben Jeynes | |
| George Lawson | |
| Joh. Berenberg, Gossler & Co. KG, London Branch Joint Broker |
Tel: +44 (0)20 3207 7800 |
| Mark Whitmore | |
| Ben Wright | |
| Dan Gee-Summons | |
| FTI Consulting | Tel: +44 (0)20 3727 1340 |
| Nick Hasell | |
| Alex Le May | |
About Marlowe plc
Marlowe is a UK leader in business-critical services and software which assure safety and regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.
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