TIDMMRL

RNS Number : 4224I

Marlowe PLC

07 August 2023

7 August 2023

Marlowe plc

Response to Speculation

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services and software which assure regulatory compliance, notes ongoing speculation in relation to its Testing, Inspection & Certification business ("TIC").

The Marlowe TIC business is a high performing leading provider of critical safety and compliance services in fire, water hygiene and air quality, with a proven track record of delivering strong growth.

Marlowe regularly reviews its portfolio of businesses with the aim of seeking to maximise shareholder value but confirms that no decision has been made in respect of any potential strategic action for any of the Group's businesses. There can be no certainty that any such action will be taken.

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For further information:

 
Marlowe plc 
Alex Dacre, Chief Executive            www.marloweplc.com 
Adam Councell, Chief Financial         Tel: +44 (0) 203 813 8498 
 Officer 
Benjamin Tucker, Investor Relations 
 Manager 
 
Cenkos Securities plc (Nominated Adviser and Joint Broker) 
Ben Jeynes                             Tel: +44 (0)20 7397 8900 
George Lawson 
 
Berenberg (Joint Broker) 
Ben Wright                           Tel: +44 (0)20 3207 7800 
Mark Whitmore 
 
Stifel (Joint Broker) 
Matthew Blawat                       Tel: +44 (0)20 7710 7688 
Francis North 
 
FTI Consulting 
Nick Hasell                          Tel: +44 (0)20 3727 1340 
Alex Le May

About Marlowe plc

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

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(END) Dow Jones Newswires

August 07, 2023 02:45 ET (06:45 GMT)

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