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 thatit has entered into new banking facilities with Santander UK PLC (the 'Facility').

The Facility comprises a £5.0m 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

Tony Lenehan, Chief Executive Officer

Philip Lanigan, Group Finance Director

Tel 0161 926 6000

FTI Consulting

Oliver Winters/James Styles

Tel 0203 727 1000

Styles & Wood Group plc published this content on 20 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 March 2017 10:00:07 UTC.

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