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A glance at some of the day's highlights from the Proactive Investors newswire
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LON:RGD
Real Good Food plc is a diversified food business serving a number of market sectors including retail, manufacturing, wholesale, foodservice and export. Each of these markets has different characteristics and our strategies will be tailored to the specific market needs but with the common theme of building long term sustainable growth.
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A glance at some of the day's highlights from the Proactive Investors newswire
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Essentially, the terms are as announced on May 4 and reflect the parlous state the company was left in by previous management
Real Good Food said the funding is to be provided by means of secured loan notes, with an annual coupon of 12% from the three major shareholders
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A glance at some of the day's highlights from the Proactive Investors newswire
The group's major shareholders have staunchly supported the business while the AIM-listed group sorts out its financial position
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A glance at some of the day's highlights from the Proactive Investors newswire
Real Good Food is focusing on its core businesses as part of a turnaround plan
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A glance at some of the day's highlights from the Proactive Investors newswire
The company has also appointed BDO LLP as its new auditors
The company said its three major shareholders have agreed to provide additional funds to support its working capital needs of £3.0mln in loan notes
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
Revenues over the first half of the current year were 13% higher on a like-for-like basis
Sales growth has been strong-in the first 22 weeks of the this year
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A glance at some of the day's highlights from the Proactive Investors newswire
Safestyle UK has more cash than it needs at present
Real Good forecast an underlying profit [EBITDA] of approximately £6.5mln in the year to March before one-off costs
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A glance at some of the day's highlights from the Proactive Investors newswire
Maor shareholders, NB Ingredients, Omnicane International Investors and Downing have confirmed that they will, if required, provide additional working capital.