Response to Speculation

Marlowe PLC

07 August 2023

 

7 August 2023

Marlowe plc

Response to Speculation

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services and software which assure regulatory compliance, notes ongoing speculation in relation to its Testing, Inspection & Certification business ("TIC").

The Marlowe TIC business is a high performing leading provider of critical safety and compliance services in fire, water hygiene and air quality, with a proven track record of delivering strong growth.

Marlowe regularly reviews its portfolio of businesses with the aim of seeking to maximise shareholder value but confirms that no decision has been made in respect of any potential strategic action for any of the Group's businesses. There can be no certainty that any such action will be taken.

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For further information:

Marlowe plc
Alex Dacre, Chief Executive		www.marloweplc.com
Adam Councell, Chief Financial Officer		Tel: [phone]
Benjamin Tucker, Investor Relations Manager
Cenkos Securities plc (Nominated Adviser and Joint Broker)
Ben Jeynes		Tel: [phone]
George Lawson
Berenberg (Joint Broker)
Ben Wright	Tel: [phone]
Mark Whitmore
Stifel (Joint Broker)
Matthew Blawat	Tel: [phone]
Francis North
FTI Consulting
Nick Hasell	Tel: [phone]
Alex Le May

About Marlowe plc

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

 

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