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Portmeirion Group plc confirmed the completion of an agreement for a new 5-year asset-based lending facility on 29 June 2026. This facility is valued at £36 million and features a lower blended coupon than the Company's prior facility.
| Date | 29 Jun 2026 |
| Time | 07:00:13 |
| Category | Miscellaneous |
| ID | 0765K |
29 June 2026
Portmeirion Group plc
("Portmeirion" or the "Company")
Completion of Asset Based Lending Facility
Portmeirion Group plc (AIM: PMP), the global homeware brands group, confirms that, further to the Company's announcement on 3 June 2026, the agreement for the Company's new 5-year £36 million asset-based lending facility has now completed and is at a lower blended coupon than the prior facility.
ENQUIRIES:
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Portmeirion Group PLC: |
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Peter Tracey, Non-Executive Chair |
Via Houston |
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Michael Scheepers, Chief Executive Officer |
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Jon Hill, Group Finance Director |
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Houston (PR advisers) |
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Kate Hoare |
+44 (0)204 529 0549 |
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Charlie Barker |
+44 (0)773 303 2695 |
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Shore Capital: (Nominated Adviser and Sole Bookrunner): |
+44 (0) 207 408 4090 |
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Patrick Castle Lucy Bowden |
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Isobel Jones |
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NOTES TO EDITOR:
Portmeirion Group PLC is a global homeware brands group based in Stoke-on-Trent, England. The Group owns six unrivalled heritage and contemporary brands: Spode, Portmeirion, Royal Worcester, Pimpernel, Wax Lyrical, and Nambé. The Group serves markets across the world, with global demand driven by diversified international markets including the key geographies of North America, UK, and South Korea.