3rd October 2022
McBride plc
Amended Financing Agreement
Redemption of Non-Cumulative Redeemable Preference Shares of 0.1p each ("B Shares")
McBride plc, the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, today provides the following update in relation to its B shares.
Under its €175m RCF as amended and announced on 29th September 2022, McBride plc is not permitted to redeem or repay any of its share capital. This restriction remains in place until the original maturity date of the RCF in May 2026. Consequently, the redemption of B shares that would normally have taken place in November, will not now take place.
For further information, please contact:
McBride plc |
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Chris Smith, Chief Executive Officer |
0161 203 7570 |
Mark Strickland, Chief Financial Officer |
0161 203 7570 |
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FTI Consulting LLP |
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Ed Bridges, Nick Hasell |
020 3727 1017 |