REG - NCC Group PLC - New £120M multi-currency revolving credit facility

NCCAnnouncement

Mon 12:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250428:nRSb4626Ga&default-theme=true

RNS Number : 4626G  NCC Group PLC  28 April 2025

28 April 2025

NCC Group plc

New £120m borrowing facilities to fund future strategy and further growth

NCC Group plc (LSE: NCC, "NCC Group" or "the Group"), a people-powered,
tech-enabled global cyber security and software escrow business, announces
that, it has agreed a new four-year £120m multi-currency revolving credit
facility ("RCF"), with a £50m uncommitted accordion option, provided by a
syndicate of National Westminster Bank plc, HSBC UK Bank plc, Barclays Bank
plc and Santander UK plc. The new RCF facility will expire on 28 April 2029.
The new facility replaces the Group's previous £162.5m RCF, which had an
expiry date of 22 December 2026.

As of 31 March 2025, the Group had net cash of £0.3m following the disposal
of Fox Crypto B.V. for €78.5m. The new facility is unsecured, with a margin
payable above SONIA/SOFR on a ratchet mechanism in the range of 1.35% to 2.35%
depending on the level of the Group's leverage.

NCC was advised by Alvarez & Marsal Europe LLP, Debt Advisory, Manchester
office.

Guy Ellis, CFO, commented:

"We would like to thank NatWest and HSBC for their continued support, and we
welcome Barclays and Santander to the syndicate. This new facility, combined
with our net cash position, continues to give NCC Group flexibility to pursue
its strategy in 2025 and beyond."

 Contact information

 Investor enquiries:
 Yvonne Harley                                             Tel: +44(0)7824 412405

 Director of Investor Relations & Sustainability

 Email: Investor_Relations@nccgroup.com

 Media enquiries:
 H/Advisors Maitland                                       Tel: +44(0)20 379 5151

 Sam Cartwright/Katie Hughes

 Email: NCCGroup-maitland@h-advisors.global

About NCC Group plc

NCC Group is a people-powered, tech-enabled global cyber security and
software escrow business. Driven by a collective purpose to create a more
secure digital future, c. 2,200 colleagues across Europe, North America,
and Asia Pacific harness their collective insight, intelligence, and
innovation to deliver cyber resilience solutions for both public and private
sector clients globally. With decades of experience and a rich heritage, NCC
Group is committed to developing sustainable solutions that continue to meet
client's current and future cyber security challenges.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCSEAFSAEISEIL