10th January 2025
RBG Holdings plc
("RBGH", the "Group", or the "Company")
Balance Sheet Update
Further to speculative comments which have appeared recently in the press, the Board of RBG Holdings plc (AIM: RBGP) confirms that the Company continues to trade and enjoy the support of its principal creditors, whilst it explores ongoing opportunities to strengthen its balance sheet.
The Company has been engaged in discussions with its lender and other parties in relation to its options. It appointed financial advisers in Q4 2024 to assist with these discussions which are now well advanced. Should an agreement be reached on the terms currently being negotiated, the Board anticipates the Company will have sufficient cash headroom for the foreseeable future. In the event the Company cannot reach an agreement with its principal creditors, it will need to explore alternative financing options immediately.
The Company will make a further announcement in this regard in due course.
| RBG Holdings PLC Jon Divers, Chief Executive Officer Kevin McNair, Chief Financial Officer
| Via Camarco
|
| Singer Capital Markets (Nomad and Broker) Rick Thompson / Alex Bond / James Fischer (Corporate Finance)
| Tel: +44 (0)20 7496 3000 |
| Camarco (for media/analyst enquiries) Ed Gascoigne-Pees / Jennifer Renwick | Tel: +44 (0)20 3757 4980 |
About RBG Holdings PLC
· Further information about RBG Holdings plc is available at: www.rbgholdings.co.uk
· Further information about Rosenblatt (founded in 1989) is available at: www.rosenblatt.co.uk
· Further information about Memery Crystal (founded in 1979) is available at: www.memerycrystal.com
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