business / news / / MarketScreener
Roadside Real Estate PLC had entered into a conditional share purchase agreement (the "SPA") for the acquisition of the entire issued share capital of Hoch Group Limited.
Roadside Real Estate will acquire Hoch Group Limited for GBP 28.6 million.
KEY POINTS
- A new GBP 25 million HSBC revolving credit facility will partly fund the acquisition.
- The Tarncourt Facility will be reduced from GBP 35 million to GBP 25 million and amended for PFS acquisitions.
- Secured loan notes were amended to remove subsidiaries as obligors and relax some company restrictions.
- GBP 14 million from the Cambridge Sleep Silences sale is expected in June 2026 to reduce net debt.
COMPANIES
Summarized by Newsio from MarketScreener. How we summarize →