RM plc announced that it has reached agreement with its lenders to extend its current facility by a further year to the end of July 2026. As previously announced, in the second half of 2023, the Company entered discussions with its Lenders to extend its current facility by a further year and to review the requirements of the covenant testing. These discussions have now successfully concluded, and the Company has secured an agreement with Lenders which extends the existing £70 million facility to July 2026 and has reset the requirements and extended the term of the quarterly minimum last twelve months (?LTM?) EBITDA covenant tests to November 2025.
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5-day change | 1st Jan Change | ||
73.75 GBX | +0.68% | +7.27% | +13.11% |
Mar. 18 | RM loss widens as closes school supply arm and sets new plan | AN |
Mar. 14 | Transcript : RM plc, 2023 Earnings Call, Mar 14, 2024 |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+13.11% | 76.48M | |
+8.05% | 3,020B | |
+5.58% | 82.93B | |
+3.69% | 76.85B | |
-14.62% | 53.04B | |
+31.16% | 50.15B | |
-24.56% | 46.71B | |
+17.75% | 41.41B | |
+55.21% | 36.1B | |
-10.24% | 24.64B |
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