Digital Barriers plc Digital Barriers agrees £10m credit facility (7619M)
October 18 2016 - 2:00AM
UK Regulatory
TIDMDGB
RNS Number : 7619M
Digital Barriers plc
18 October 2016
18 October 2016
Digital Barriers plc
("Digital Barriers" or the "Group")
Digital Barriers agrees GBP10m credit facility
Digital Barriers plc (AIM: DGB, the "Group"), the specialist
provider of visually intelligent solutions to the global
surveillance, security and safety markets has agreed a two year
GBP10m revolving credit facility with Investec Bank plc
("Investec").
The funds available through the facility will be used to meet
the increasing working capital requirements of the Group's organic
growth, helping to ensure that the Group's stock levels are better
able to keep track with contracted revenue growth.
For further information
please contact:
Digital Barriers plc +44 (0)20 3553 5888
Zak Doffman, Chief Executive
Officer
Sharon Cooper, Chief Financial
Officer
Investec Investment Banking +44 (0)20 7597 5970
Andrew Pinder / Patrick
Robb
FTI Consulting LLP +44 (0)20 3727 1000
Edward Bridges / Matt Dixon
About Digital Barriers:
Digital Barriers provides visually intelligent solutions to the
global surveillance, security and safety markets. We deliver
zero-latency streaming and analysis of secure video and related
intelligence over wireless networks, including cellular, satellite,
IP mesh and cloud, utilising significantly less bandwidth than
standard technologies.
Our rapidly-installed fixed and mobile solutions for covert,
remote and wide-area deployments, as well as vehicle and body-worn
applications, have been sold into more than fifty countries, and
have been proven in some of the world's most demanding operational
environments. We also provide advanced video content analysis and
body scanning to identify safety concerns and threats in
real-time.
www.digitalbarriers.com
This information is provided by RNS
The company news service from the London Stock Exchange
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