Revolving credit

The Group has a committed revolving credit facility (RCF) of EUR 25 million with Nordea Bank Plc. to be used for general corporate purposes, acquisitions and capital expenditure. Ancillary facilities may also be designated for overdrafts, guarantees, letters of credit and other requirements of the Group. The committed revolving credit facility includes a quarterly financial covenant (leverage ratio) and a yearly clean down period requirement. The facility is senior to Delete’s bond financing.