14th Apr 2022 21:17
Pebble Beach Systems Group PLC - Weybridge, England-based firm providing content management software for broadcasters and video streaming services - Secures new term loan facility of GBP7.2 million with Santander, refinancing its existing revolving credit facility. The new facility has revised banking convenants and a repayment schedule consistent with previous years. Says bank debt reduced from GBP11.5 million at the end of 2017, to GBP7.6 million as of Thursday.
Will announce annual results for 2021 on May 5.
Current share price: 13.50 pence, closed up 5.9% on Thursday
12-month change: up 50%
By Elizabeth Winter; [email protected]
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