May 7, 2020 / 6:52 AM / a month ago

BRIEF-Hyve Group Announces Fully Underwritten Rights Issue To Raise About £126.6 Mln

May 7 (Reuters) - Hyve Group PLC:

* HYVE GROUP PLC - ANNOUNCES FULLY UNDERWRITTEN RIGHTS ISSUE TO RAISE ABOUT £126.6 MILLION (BEFORE EXPENSES)

* HYVE GROUP PLC - AGREEMENT WITH GROUP’S LENDING BANKS TO WAIVE FINANCIAL COVENANTS UP TO AND INCLUDING MARCH 2022

* HYVE GROUP- ADDITIONAL LIQUIDITY VIA DEAL WITH LENDING BANKS TO DEFER LOAN AMORTISATION PAYMENTS OF £35 MILLION UNTIL MATURITY IN DEC 2023 Source text for Eikon: Further company coverage:

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