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RNS Number : 8545D Autins Group PLC 12 May 2026
Autins Group plc
("Autins", the "Company" or the "Group")
Loan Repayment and New Facility
Autins Group plc (AIM: AUTG), the UK and European-based manufacturer of its
proprietary Neptune melt-blown material and specialist in acoustic and thermal
insulation solutions, is pleased to provide an update on its financing
arrangements.
Further to the Group's recent trading update, Autins confirms that it has now
repaid the remaining £0.75 million balance of its existing loan facility with
Maven Capital Partners that was originally entered into in 2020. The Group has
also entered into a new £1.0 million 4 year term loan facility, also with
Maven via MEIF II.
The new facility, together with the expected repayment of the Group's final
CBILS obligation in July 2026, provides the Group with significant additional
working capital funding flexibility to support its forecast revenue growth
over the coming years.
We look forward to continue updating on our progress with our full year
announcement.
Andy Bloomer, Chief Executive Officer of Autins, commented:
"This is an important step forward for Autins. The repayment of the previous
loan facility, combined with the new funding in place, materially increases
our balance sheet flexibility.
Our priorities are to continue investing in the business, supporting our
customers, and delivering sustainable, profitable growth. The new financing
arrangements will very much support us in achieving these objectives."
For further information please contact:
Autins Group plc
Andy Bloomer, Chief Executive Via Singer Capital Markets
Adam Attwood, Chairman
Des Dimitrov, CFO
Singer Capital Markets Tel: 020 7496 3000
(Nominated Adviser and Broker)
Peter Steel
Sara Hale
James Todd
Anastassiya Eley
About Autins
Autins is a UK and continental Europe based industrial materials
technology business that specialises in the design, manufacture, and supply of
acoustic and thermal products. Its key markets are automotive, flooring,
office furniture and commercial vehicles where it supplies products and
services to more than 160 customer locations across Europe.
Autins is the UK and European manufacturer of the proprietary Neptune
melt-blown material and specialises in the design, manufacture, and supply of
acoustic and thermal insulation solutions.
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