Successful Refinancing of £110m Banking Facilities
Summary by AI BETAClose X
23 December 2025
Brickability Group plc
("Brickability", the "Company" or the "Group")
Successful Refinancing of £110m Banking Facilities
Brickability Group plc (AIM: BRCK), a leading distributor and provider of specialist products and services to the UK construction industry, is pleased to announce the successful renewal of the Group's banking facilities, which were due to mature in October 2026.
The renewed £60 million Revolving Credit Facility and a £50 million Term Loan are for an initial three-year term, with two extension options, each of one further year, and are provided by the Group's existing lenders, HSBC and Barclays, on club basis and reflecting continued support for the Group's growth strategy.
The increased facilities are provided at the same pricing as the existing facility and also incorporate an accordion feature allowing the Group to increase the facility by up to an additional £40 million.
- Ends -
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Enquiries:
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Brickability Group PLC John Richards, Chairman Frank Hanna, Chief Executive Officer Mike Gant, Chief Financial Officer
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via Burson Buchanan |
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Cavendish (Nominated adviser and broker) Ben Jeynes, George Lawson, Elysia Bough (Corporate Finance) Michael Johnson, Sunila De Silva - Sales / ECM |
+44 (0) 207 220 0500 |
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Burson Buchanan (Financial PR) Mark Court |
+44 (0) 207 466 5000 |
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Stephanie Whitmore Abby Gilchrist |
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About Brickability
Brickability Group PLC is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Importing, Distribution and Contracting. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
Founded in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth. Today, the Group encompasses a diverse portfolio of market-leading brands and a dedicated team of over 800 skilled professionals, led by a management team with deep-rooted knowledge and experience in the UK and European construction industries.
The Group is committed to building better communities throughout the supply chain and supporting the delivery of sustainable developments that enhance the built environment for future generations, while delivering continuous value for shareholders.
For more information please see: https://brickabilitygroupplc.com/
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