Ambrian PLC Operational Update (4844M)
31 July 2017 - 4:00PM
UK Regulatory
TIDMAMBR
RNS Number : 4844M
Ambrian PLC
31 July 2017
Ambrian plc
("Ambrian" or the "Company")
Operational Update
Further to previous announcements regarding the run-down of the
Company's metals trading business, the board of directors of
Ambrian (the "Board") can now confirm that this process is
complete, with all trades having been wound down in an orderly
manner and staff within that operation now made redundant.
The Board is currently assessing a number of strategic options
with regards to its cement operation in Mozambique ("Cimentos da
Beira") and has appointed Verdant Capital, an African corporate
finance specialist, to assist it in that process.
Further announcements will be made in due course.
Enquiries
Ambrian plc
Roger Clegg + 44 (0)20 7634 4785
Cenkos Securities plc
Neil McDonald + 44 (0)20 7397 8900
Nick Tulloch
This announcement contains inside information.
This information is provided by RNS
The company news service from the London Stock Exchange
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