StockMarketWire.com - Marlowe Plc has advised that the Registrar of Companies in Belize has confirmed the merger with Marlowe Holdings Ltd is now effective.

Trading in Marlowe Plc's shares resumed this morning, at which point the acquisition of Fire & Security (Group) Ltd (Swift) completed.

It would today enter into a 3-year Term Loan Facility for GBP3m, a GBP1.5m Revolving Credit Facility with an interest rate of 2.75% plus 3-month LIBOR per annum, and a GBP0.5m overdraft facility with an interest rate of 1.75% plus 3-month LIBOR per annum with Lloyds Bank plc.

"The facilities are currently undrawn and are intended to provide resources to support Marlowe's growth strategy," the company said.



At 10:52am: [LON:MRL] Marlowe Holdings Limited share price was +6.5p at 141.5p



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