Styles & Wood Group PLC New Bank Facilities

TIDMSTY

Styles & Wood Group PLC

20 February 2017

Styles&Wood Group plc

("Styles&Wood" or the "Group")

New Bank Facilities

Styles&Wood Group plc ("Styles&Wood" or the "Group"), the integrated property services and project delivery specialist, is pleased to announce that it has entered into new banking facilities with Santander UK PLC (the "Facility").

The Facility comprises a GBP5.0m Revolving Credit Facility to be used for working capital purposes to support the growth of the Group following the acquisitions of Keysource Limited in September 2016 and The GDM Group in January 2017. The Facility can also be utilised to finance further acquisitions. The committed facility is for a period of two and a half years.

Enquiries:

 
 Styles&Wood Group plc            Tel 0161 926 
  Tony Lenehan, Chief Executive    6000 
  Officer 
  Philip Lanigan, Group 
  Finance Director 
 FTI Consulting                   Tel 0203 727 
  Oliver Winters/James Styles      1000

This information is provided by RNS

The company news service from the London Stock Exchange

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February 20, 2017 03:00 ET (08:00 GMT)

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