HAYT Hayward Tyl

TIDMHAYT

RNS Number : 9917X

Hayward Tyler Group PLC

28 February 2017

28 February 2017

Hayward Tyler Group plc

("Hayward Tyler", the "Company" or "Group")

Update on banking support

Hayward Tyler Group plc ("HTG", the "Company" or "Group"), the specialist engineering Group, comprising the operating companies of Hayward Tyler and Peter Brotherhood, provides the following further update on banking support.

Further to the announcement on 20 February 2017, the Group continues to have constructive discussions with its bank, Royal Bank of Scotland, with respect to the repayment of GBP2.4 million of short term banking facilities. The repayment has now been extended from 28 February 2017 to 31 March 2017 to ensure a suitable long term financing structure is put in place to support the longer term prospects of the business.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

For further information:

Hayward Tyler Group plc +44 (0)1582 731 144

Ewan Lloyd-Baker, CEO

Nick Flanagan, CFO

FinnCap Limited, NOMAD and Broker +44 (0)20 7220 0500

Matt Goode / Emily Watts, Corporate Finance

Tim Redfern / Tony Quirke, Corporate Broking

Buchanan Communications, Financial PR +44(0)207 466 5000

Charles Ryland

Chris Judd

Jane Glover

This information is provided by RNS

The company news service from the London Stock Exchange

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February 28, 2017 02:01 ET (07:01 GMT)

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