RNS Number : 8035F
Northgate PLC
04 May 2011





4 May 2011



Northgate plc


Debt Refinancing update



On 20th April 2011 Northgate plc, the UK and Spain's leading specialist in light commercial vehicle hire, announced the successful signing of a comprehensive debt refinancing package for the Group.


All conditions precedent, including the receipt of funds from the Prudential/M&G UK Companies Financing Fund, have now been satisfied and the refinancing has therefore become effective.


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For further information, please contact:



Northgate plc                                     

01325 467558

Bob Contreras, Chief Executive          

MHP Communications                     

020 3128 8764

Andrew Jaques

Barnaby Fry

Anthony Arthur



Notes to Editors:


Northgate plc rents light commercial vehicles and sells a range of fleet products to businesses via a network of hire companies in the UK, Republic of Ireland and Spain.  Their NORFLEX product gives businesses access to a flexible method to obtain as many commercial vehicles as they require. 


Further information regarding Northgate plc can be found on the Company's website:






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