Countrywide PLC Countrywide plc amends finance facilities (8053D)
February 02 2018 - 7:25AM
UK Regulatory
TIDMCWD
RNS Number : 8053D
Countrywide PLC
02 February 2018
2 February 2018
Countrywide plc
Countrywide plc (the "Company") amends finance facilities
Countrywide plc ("Countrywide" or the "Group") (LSE:CWD), the
UK's largest integrated property services group announces that on 2
February 2018 the Company agreed an amendment letter relating to
its term and revolving credit facility with its lender partners
which provides the Company with the financial flexibility to invest
in the business as it takes action to restore the sales and
lettings business back to profitable growth.
The Company will issue its Preliminary Results for the year
ended 31 December 2017 on 8 March 2018.
-Ends-
Media Investors
Press Office Himanshu Raja, Group Chief
press.office@countrywide.co.uk Financial Officer
investor@countrywide.co.uk
About Countrywide plc
Countrywide is the UK's largest integrated property services
group, including the largest estate agency and lettings network.
Countrywide's network of expertise combining national scale and
local reach helps more people move than any other business in the
UK and is structured around four key business units: UK sales and
lettings; London sales and lettings; B2B; and Financial
Services.
Forward Looking Statements
This announcement has been prepared solely to provide additional
information to the shareholders of Countrywide plc in order to meet
the requirements of the FCA's Disclosure and Transparency Rules. It
should not be relied on by any other party, or for other purposes.
Forward-looking statements have been made by the directors in good
faith, using information available up until the date on which they
approved this statement. Forward-looking statements should be
regarded with caution, because of the inherent uncertainties in
economic trends and business risks.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 02, 2018 08:25 ET (13:25 GMT)
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