Business
New banking facilities
New banking facilities.
About this update from Everyman Media Group Plc
[{"type":"text","content":"\n\n18 August 2023\n \nEveryman Media Group PLC\n(\"Everyman\" the \"Company\" or the \"Group\")\n \nNew banking facilities\n \nEveryman 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.\nThe 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.\nFor further information, please contact:\n\n\n\n\n\nEveryman Media Group PLC\n\n\nTel : +44 (0)20 3145 0500\n\n\n\n\nAlex Scrimgeour, Chief Executive\n\n\n\n\n\n\n\nWill Worsdell, Finance Director\n\n\n\n\n\n\n\nCanaccord Genuity Limited - (Nominated Adviser and Broker)\n\n\nTel : +44 (0)20 7523 8000\n\n\n\n\nBobbie Hilliam\n\n\n\n\n\n\n\nHarry Pardoe\n\n\n\n\n\n\n\nAlma (Financial PR Advisor)\n\n\nTel: +44 (0)20 3405 0205\n\n\n\n\nRebecca Sanders-Hewett\nDavid Ison\n\n\n\n\n\n\n\nJoe Pederzolli\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n","length":4304,"tagName":"div"}]