By Josh White
Date: Thursday 04 Jul 2024
LONDON (ShareCast) - (Sharecast News) - Offshore energy markets technology provider Tekmar Group announced the renewal of its existing banking facilities with Barclays Bank on Thursday.
The AIM-traded firm said the current trade loan facility, which remained available to it, had its next annual review scheduled for June 2025.
It said the facility, amounting to up to £4m, could be drawn against supplier payments and was supported by UK Export Finance.
Additionally, the £3m Coronavirus Business Interruption Loan (CBILS) facility had been extended by another 12 months, now maturing in October 2025.
As of 30 June, Tekmar Group held £2.8m in cash and had net debt of £4m.
At 1309 BST, shares in Tekmar Group were down 0.51% at 9.7p.
Reporting by Josh White for Sharecast.com.
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Currency | UK Pounds |
Share Price | 9.50p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 14.75 |
52 Week Low | 8.80 |
Volume | 55,785 |
Shares Issued | 137.27m |
Market Cap | £13.04m |
RiskGrade | 392 |
Value |
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Price Trend |
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Income | ![]() |
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Growth |
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No dividends found |
Time | Volume / Share Price |
15:45 | 5,000 @ 9.12p |
14:33 | 50,000 @ 9.50p |
12:07 | 785 @ 9.18p |
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