REG - Everyman Media Grp - New banking facilities

Everyman MediaAnnouncement

18/08/2023 07:16

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RNS Number : 7057J  Everyman Media Group PLC  18 August 2023

18 August 2023

 

Everyman Media Group PLC

("Everyman" the "Company" or the "Group")

 

New banking facilities

 

Everyman 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.

The 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.

For further information, please contact:

 Everyman Media Group PLC                                     Tel   : +44 (0)20 3145 0500
 Alex Scrimgeour, Chief Executive
 Will Worsdell, Finance Director
 Canaccord Genuity Limited - (Nominated Adviser and Broker)   Tel   : +44 (0)20 7523 8000
 Bobbie Hilliam
 Harry Pardoe
 Alma (Financial PR Advisor)                                  Tel:    +44 (0)20 3405 0205
 Rebecca Sanders-Hewett

David Ison
 Joe Pederzolli

 

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