REG - Marlowe PLC - Response to Speculation

MarloweAnnouncement

07/08/2023 07:45

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RNS Number : 4224I  Marlowe PLC  07 August 2023

7 August 2023

 

Marlowe plc

 

Response to Speculation

 

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical
services and software which assure regulatory compliance, notes ongoing
speculation in relation to its Testing, Inspection & Certification
business ("TIC").

 

The Marlowe TIC business is a high performing leading provider of critical
safety and compliance services in fire, water hygiene and air quality, with a
proven track record of delivering strong growth.

 

Marlowe regularly reviews its portfolio of businesses with the aim of seeking
to maximise shareholder value but confirms that no decision has been made in
respect of any potential strategic action for any of the Group's businesses.
There can be no certainty that any such action will be taken.

 

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For further information:

 Marlowe plc
 Alex Dacre, Chief Executive                     www.marloweplc.com (http://www.marloweplc.com)
 Adam Councell, Chief Financial Officer          Tel: +44 (0) 203 813 8498
 Benjamin Tucker, Investor Relations Manager

 Cenkos Securities plc (Nominated Adviser and Joint Broker)
 Ben Jeynes                                      Tel: +44 (0)20 7397 8900
 George Lawson

 Berenberg (Joint Broker)
 Ben Wright              Tel: +44 (0)20 3207 7800
 Mark Whitmore

 Stifel (Joint Broker)
 Matthew Blawat          Tel: +44 (0)20 7710 7688
 Francis North

 FTI Consulting
 Nick Hasell             Tel: +44 (0)20 3727 1340
 Alex Le May

 

About Marlowe plc

 

Marlowe is a leader in business-critical services and software which assure
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 and software. 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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