NMCN PLC Financing Update (4089U)
06 Abril 2021 - 1:00AM
UK Regulatory
TIDMNMCN
RNS Number : 4089U
NMCN PLC
06 April 2021
6 April 2021
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 which is part of UK law
by virtue of the European Union (Withdrawal) Act 2018
NMCN PLC
("nmcn" or "the Company" or "the Group")
Financing Update
Further to the announcement of 31 March 2021, Lloyds Bank plc
has provided the Company with a new GBP12.5 million overdraft
facility. In addition, the Company has entered into a term sheet
for a finance package secured against the Company's property
development projects which the Company expects to close in
mid-April.
A further update will be made in due course.
Enquiries:
nmcn Plc - 01623 515008
Ian Elliott, Acting Chairman
Robert Moyle, Acting Chief Executive
Alan Foster, Chief Financial Officer
About nmcn
nmcn Plc (TIDM: NMCN) is a leading engineering and construction
company in the UK. Its talented 1,700-strong team offers
multi-sector engineering and construction skills, technical
innovation, design, and specialist fabrication.
The Company delivers major built environment and water industry
projects across the UK - from buildings and highways to large-scale
water networks and treatment plants. With its history dating back
to 1946, nmcn now has 12 UK offices and three off-site
manufacturing facilities.
LEI Number: 213800ANYQVA5OS51A68
www.nmcn.com
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END
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April 06, 2021 02:00 ET (06:00 GMT)
Nmcn (LSE:NMCN)
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