Panther Securities Plc – Refinancing, Ownership, Accounts & Dividend Update

May 26, 2021

This announcement contains inside information for the purposes of Article 7 of the EU Market Abuse Regulation 596/2014 as it is part of retained EU law (as defined in European Union law (withdrawal) from 2018).

Panther Securities PLC
(the “Company” or the “Group”)

Update on refinancing, real estate appraisals and annual accounts and dividend declaration

Following the announcement of the company made on March 23, 2021, the Council provides the following updates:

Refinancing

The Group is pleased to confirm that credit approval has been obtained for the refinancing of our term loans with the second lender. The refinancing has therefore received credit approval from both lenders and is expected to be completed by the end of the July 2021 (which was the current extension). The new facility is a three-year £ 66million term loan, a reduction from the current £ 75million facility.

Real estate appraisals

After confirmation of full credit approval, the Board confirms that the reported valuation figures February 26, 2021 are now final.

Declaration of dividend

The Directors are pleased to announce that an interim dividend of 6 pence per share has been declared for the fiscal year ended December 31, 2020. It will be payable on July 2, 2021 to shareholders entered in the register at the close of business on June 11, 2021 (ex-dividend on June 10, 2021). In addition, the Directors intend to propose a final dividend of 6 pence per share for the year ended December 31, 2020. Subject to shareholder approval at the next annual general meeting of the Company (currently scheduled the June 30, 2021), this final dividend will be payable on October 14, 2021 to shareholders entered in the register at the close of business on September 3, 2021 (ex-dividend on September 2, 2021).

Results for the year ended December 31, 2020

Results for the year ended December 31, 2020 were announced separately today.

For more information:

Panther Securities plc:

Phone: 01707 667 300

Andrew Perloff / Simon Peters

Allenby Capital Limited (nomad and co-broker)

Phone: 020 3328 5656

David Worlidge / Alex Brearley

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