5th Sep 2023 12:05
Kinovo PLC - London-based property services provider offering safety compliance and sustainability solutions - Renews banking facilities with partner HSBC Holdings PLC. The facilities have been renewed to May 31, 2024, to align with Kinovo's year-end reporting schedules. They consist of a GBP2.5 million overdraft facility at an interest rate of 2.85% above the Bank of England base rate and a GBP6.0 million purchasing card facility, on which there is no interest charge.
Current stock price: 54.00 pence, up 4.9% on Tuesday around midday
12-month change: up 42%
By Sophie Rose, Alliance News reporter
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