Tekmar Group plc announced it has agreed with Barclays Bank PLC ("Barclays") a renewal of its existing banking facilities. The existing trade loan facility remains available to Tekmar with the next annual review date in June 2025. This facility of up to £4 million can be drawn against supplier payments and is provided with support from UK Export Finance.

In addition, the £3 million Coronavirus Business Interruption Loan ("CBILS") facility is extended by a further 12 months to October 2025. This completes the renewal of the Group's existing facility and financing arrangements.