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RNS Number : 6566E

Marlowe PLC

22 October 2018

22 October 2018

Marlowe plc

Acquisition of Firecrest Services Limited

Marlowe plc ("Marlowe" or the "Group"), the support services group focused on acquiring and developing companies that provide critical testing and maintenance services, announces that it has acquired Firecrest Services Limited ("Firecrest") for an enterprise value of GBP0.26 million.

Based in Oxfordshire, Firecrest was founded in 2003 and provides a range of fire safety services. For the year to 30 April 2018, Firecrest generated unaudited revenues of GBP0.9 million and EBITDA of GBP0.2 million.

For further information:

 
 Marlowe plc                          www.marloweplc.com 
 Alex Dacre, Chief Executive          Tel: +44 (0) 203 841 
                                       6194 
 Mark Adams, Group Finance Director   IR@marloweplc.com 
 
 Cenkos Securities plc (Nominated Adviser and Broker) 
 Nicholas Wells                       Tel: +44 (0)20 7397 
                                       8900 
 
 FTI Consulting 
 Nick Hasell                          Tel: +44 (0)20 3727 
                                       1340 
 Alex Le May

About Marlowe plc

Marlowe is an AIM-listed company formed to create sustainable shareholder value through the acquisition and development of businesses that provide critical testing & maintenance services in the UK. It is focused on fire protection, security systems, water treatment and air quality services - which are essential to its customers' operations and invariably governed by regulation, and where customers require a single specialist outsourced provider with nationwide coverage. Our customers can be found on most high streets, in office complexes and industrial estates, and include SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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October 22, 2018 02:00 ET (06:00 GMT)

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