17:00 Mon 29 Jun 2020
Non-Standard Fin - Facilities update
(the 'Group')
Facilities update
Further to the announcement of the Group's audited results in respect of the year to
As detailed in the Group's 2019 full year results, while further access to the Facility is not required to finance the Group's base case, the Board is exploring alternative capital structures under which the Facility could help to fund a more ambitious and profitable longer-term growth plan.
Preliminary discussions with a number of the Group's larger shareholders regarding a possible equity issue to facilitate such a plan have been positive and are ongoing.
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