leadf
logo-loader
RNS
viewSigmaRoc

SigmaRoc PLC - Acquisition of leading quarrying group GDH

RNS Number : 6446Z
SigmaRoc PLC
22 September 2020
 

22 September 2020

 

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

 

SIGMAROC PLC

('SigmaRoc', the 'Company' or the 'Group')

 

Acquisition of leading quarrying group GDH (Holdings) Limited ('GDH')

 

SigmaRoc plc, the buy-and-build construction materials group, is pleased to announce it has completed the acquisition of the remaining 60 per cent. equity interest in GDH, a significant quarrying group located in South Wales. This acquisition has been completed in line with the Company's announcements dated 15 April 2019 and 1 September 2020.

 

SigmaRoc will be working closely with the GDH management team to grow and develop the business in South Wales, focusing on a number of prospects and significant opportunities for the business during the remainder of the year and into 2021.

 

Max Vermorken, CEO of SigmaRoc, commented:

"We are delighted to have completed our acquisition of GDH and we look forward to building on the excellent progress made during our time as a minority shareholder and to continuing our work with Ian Harries and his team at GDH as they become part  of the SigmaRoc Group." 

 

 

Further information on GDH can be found at: https://gdharries.biz.  

 

Information on SigmaRoc is available on the Company's website at: www.sigmaroc.com.

 

For further information, please contact:

 

SigmaRoc plc

Max Vermorken

 

Tel: +44 (0) 207 002 1080

Strand Hanson Limited (Nominated and Financial Adviser)

James Spinney / James Dance / Jack Botros

 

Tel: +44(0) 207 409 3494

Liberum Capital (Co-Broker)

Neil Patel / Jamie Richards / Jonathan Wilkes-Green / William Hall

 

Tel: +44 (0) 203 100 2000

 

 

Peel Hunt (Co-Broker)

Mike Bell/Ed Allsop

 

Tel: +44 (0) 20 7418 8900

Rubik Communications (Financial PR adviser)

Andrea Mora / Charlotte Hollinshead

Tel: +44 (0) 207 002 1080

[email protected]

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQFLFVDAEILFII

Quick facts: SigmaRoc

Price: 44.8

Market: AIM
Market Cap: £113.68 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Billington Holdings PLC doing well despite rising steel prices

AIM Journal's  Andrew Hore tells Proactive Investors Billington Holdings PLC (LON:BILN) performed strongly in 2017 and they're positioned well for the year ahead. The structural steel and construction safety solutions specialist posted record revenue for the group's structural steel...

on 29/3/18

3 min read