GlobalData PLC AGM Statement (1854D)
April 25 2017 - 2:00AM
UK Regulatory
TIDMDATA
RNS Number : 1854D
GlobalData PLC
25 April 2017
25 April 2017
GlobalData Plc
("GlobalData" or the "Group")
Annual General Meeting ("AGM") Statement
GlobalData announces that at its AGM today the following
statements will be made by the Chairman:-
New Banking Facilities
As announced on 19 April 2017, we have negotiated new banking
facilities with The Royal Bank of Scotland, HSBC and Bank of
Ireland. A new five year facility replaces the Group's current
arrangements which were due to expire in July 2019. The new GBP75
million committed multi-currency facility includes a GBP30 million
term loan, a GBP30 million acquisition revolving credit facility, a
GBP15 million working capital revolving credit facility and a GBP25
million uncommitted accordion facility.
The new banking arrangements provide significant available
liquidity for both general working capital requirements and where
appropriate, the financing of further acquisitions.
We are very pleased to have received such strong support from
both our existing bank, The Royal Bank of Scotland, and our new
lenders.
Capital Markets Day
We will be holding a Capital Markets Day on 23 May 2017 at our
offices for analysts and accredited institutional investors. In a
series of presentations, GlobalData will focus on its sales and
marketing strategy and will provide live demonstrations of its
product offering. For the avoidance of doubt, no new material
trading or financial information will be disclosed.
Kelsey van Musschenbroek and Mark Freebairn
I should also like to express my thanks to Kelsey van
Musschenbroek and Mark Freebairn, who are stepping down today, for
their help and hard work and for their years of service. I also
welcome our recently appointed non-executive directors Annette
Barnes and Andrew Day.
ENQURIES
GlobalData Plc 0207 936 6400
Mike Danson, Chief Executive
Simon Pyper, Group Financial Officer
N+1 Singer 0207 496 3000
James Maxwell
James White
Hudson Sandler
Nick Lyon 0207 796 4133
This information is provided by RNS
The company news service from the London Stock Exchange
END
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