REG - SigmaRoc PLC - New debt facility

SigmarocAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260331:nRSe7189Ya&default-theme=true

RNS Number : 7189Y  SigmaRoc PLC  31 March 2026

31 March 2026

 

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

 

SIGMAROC PLC

 ('SigmaRoc' or the 'Company')

 

New debt facility - €825 million refinancing in place to underpin growth

 

SigmaRoc plc, Europe's leading lime and minerals group, announces that,
further to the indications given in our 2025 results RNS, it has signed and
closed an agreement to refinance its principal banking arrangements with an
increased facility of up to €825 million on investment grade terms together
with a €300 million uncommitted accordion.

 

The facility delivers significant additional capacity based on a new 5-year
revolving credit facility (RCF), an unsecured structure, a 100bps improved
margin profile over EURIBOR for all margin brackets and more flexible
covenants. The facility is aimed to support the funding of the existing
business and future acquisitions.

 

 

Jan van Beek, CFO, commented:

 

"We are delighted to have secured this facility with a consortium of leading
banks. The offer was oversubscribed and adds to SigmaRoc's ability to grow its
business, lowers funding costs, allows flexibility in decision-making and
ultimately, simplifies the capital structure of the group. We thank all of the
banks involved for their support."

 

 

 

Information on the Company is available on its website, www.sigmaroc.com
(http://www.sigmaroc.com) .

 

For further information, please contact:

 

 SigmaRoc plc                                Tel: +44 (0) 207 002 1080

 Max Vermorken (Chief Executive Officer)

 Jan van Beek (Chief Financial Officer)      ir@sigmaroc.com (mailto:ir@sigmaroc.com)

 Tom Jenkins (Head of Investor Relations)

 Panmure Liberum (Nomad and Co-Broker)       Tel: +44 (0) 203 100 2000

 Scott Mathieson / John More / Dru Danford

 Deutsche Numis (Co-Broker)                  Tel: +44 (0) 20 7260 1000

 Richard Thomas / Hannah Boros

 

About SigmaRoc

SigmaRoc is a quoted European lime and minerals Group.

Lime and limestone are key resources in the transition to a more sustainable
economy. New applications for lime and limestone products as part of a drive
for sustainability include the production and recycling of lithium batteries,
the decarbonisation of construction including through substitution of
cementitious material and new building materials, and environmental
applications including lake liming, air pollution and direct air capture.

SigmaRoc invests in and acquires businesses in the lime and minerals sector.
The principal activity of the Group is the production of lime and minerals
products. The Group's aim is to create value for shareholders through the
successful execution of its strategy in the lime and minerals sector.

 

SigmaRoc seeks to create value by purchasing assets in fragmented markets and
extracting efficiencies through active management and by forming the assets
into larger groups. It seeks to de- risk its investments through the selection
of projects with strong asset backing. The Group seeks to implement
operational efficiencies that improve safety, enhance productivity, increase
profitability and ultimately create value for Shareholders.

 

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  MSCEAFDEDANKEAA



            Copyright 2019 Regulatory News Service, all rights reserved