REG - RBG Holdings PLC - Balance Sheet Update

RBG HoldingsAnnouncement

10/01/2025 07:00

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RNS Number : 8424S  RBG Holdings PLC  10 January 2025

10(th) January 2025

 

 

RBG Holdings plc

("RBGH", the "Group", or the "Company")

 

Balance Sheet Update

 

Further to speculative comments which have appeared recently in the press, the
Board of RBG Holdings plc (AIM: RBGP) confirms that the Company continues to
trade and enjoy the support of its principal creditors, whilst it explores
ongoing opportunities to strengthen its balance sheet.

The Company has been engaged in discussions with its lender and other parties
in relation to its options. It appointed financial advisers in Q4 2024 to
assist with these discussions which are now well advanced. Should an agreement
be reached on the terms currently being negotiated, the Board anticipates the
Company will have sufficient cash headroom for the foreseeable future. In the
event the Company cannot reach an agreement with its principal creditors, it
will need to explore alternative financing options immediately.

 

The Company will make a further announcement in this regard in due course.

 

 

 RBG Holdings PLC                                                 Via Camarco

 Jon Divers, Chief Executive Officer

 Kevin McNair, Chief Financial Officer

 Singer Capital Markets (Nomad and Broker)                       Tel: +44 (0)20 7496 3000

 Rick Thompson / Alex Bond / James Fischer (Corporate Finance)

 Camarco (for media/analyst enquiries)                           Tel: +44 (0)20 3757 4980

 Ed Gascoigne-Pees / Jennifer Renwick                            RBGHoldings@apcoworldwide.com (mailto:RBGHoldings@apcoworldwide.com)

 

 

About RBG Holdings PLC

·      Further information about RBG Holdings plc is available
at:  www.rbgholdings.co.uk (http://www.rbgholdings.co.uk)

·      Further information about Rosenblatt (founded in 1989) is
available at:  www.rosenblatt.co.uk (http://www.rosenblatt.co.uk)

·      Further information about Memery Crystal (founded in 1979) is
available at: www.memerycrystal.com (http://www.memerycrystal.com)

 

 

 

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