Corporate Update
12 February 2010
The Group is pleased to announce that it has entered into new senior debt facilities of £24 million with a five year term. This new facility provided by a small group of lenders replaces the existing facility in full. The repayments are matched to the projected cash flows of the business. The Group continues to enjoy a positive start to the year and has agreed to reduce its net debt through operational cash flow and by other means as soon as practicable.
Jelf Group plc
Alex Alway, Chief Executive
01454 272 713
Cenkos Securities plc
Stephen Keys
020 7397 8900