Marlowe increases current debt facility

Marlowe has increased its current £7.5m debt facility with Lloyds Bank by an additional £5 million to £12.5 million.

The new facilities comprise an additional £3.5 million of term loan and an additional £1.5 million Revolving Credit Facility.

The increased debt facility will provide further resources to support the Company's acquisition-led growth strategy.

At 9:25am: (LON:MRL) Marlowe PLC share price was -2.5p at 307.5p