Cookson Group PLC Alent plc Capital Markets Day (0510S)
27 November 2012 - 6:00PM
UK Regulatory
TIDMCKSN
RNS Number : 0510S
Cookson Group PLC
27 November 2012
27 November 2012
COOKSON GROUP PLC - PROPOSED DEMERGER
ANALYST AND INVESTOR PRESENTATION - ALENT PLC
Cookson Group plc ("Cookson") announced on 1 November 2012 that
it proposed to demerge its Performance Materials division to form a
new London listed specialty chemicals company, called Alent plc
("Alent"). These proposals were approved by the Court Meeting and
General Meeting of Cookson shareholders on 26 November 2012 and the
demerger is expected to become effective on 19 December 2012.
A presentation on Alent for analysts and investors by Steve
Corbett (CEO-designate) and Mike Butterworth (Acting
CFO-designate), together with other members of the senior
management team, is taking place today at the offices of BofA
Merrill Lynch, 2 King Edward Street, London EC1A 1HQ at 2.00pm.
Alent will outline its position as a leading global supplier of
electronics assembly materials and advanced surface treatment
plating chemicals, serving primarily the global electronics
production industry, and also the automotive and other industrial
markets.
The presentations will highlight Alent's key strengths including
its market leadership through differentiated products and
solutions; its technology and fast cycle R&D providing
innovation-driven growth; its participation in high growth
end-markets; its global footprint close to industry defining
customers in Asia; its longstanding and collaborative customer
relationships; and its value-add sales strategy targeting OEMs.
Management will also address how Alent intends to execute its
strategy of focusing on high growth end-markets; further developing
new markets and products; expanding its value-add and OEM sales
strategy; continuing to develop higher-margin products and improve
mix and operational efficiencies; and of further developing its
technology and innovation leadership.
No new material financial information will be provided in the
presentation.
The presentation will be webcast live on Cookson's website
www.cooksongroup.co.uk and an archive version of the presentation
will be available on the website from 9.00am on 28 November (see
further details below).
For further information please contact:
Alent plc Tel: +44 (0)207 822 0000
Steve Corbett, CEO-designate
Mike Butterworth, Acting CFO-designate
Frances Gibbons, IR Manager
MHP Communications Tel: +44 (0)203 128 8100
John Olsen
Andrew Jaques
Ian Payne
Details of the webcast and audio feed:
A live webcast of the presentation will be available on
Cookson's website www.cooksongroup.co.uk. In addition, a live audio
feed is available using the dial in numbers below:
+44 (0)20 7136 2056 non-US participants
+1 646 254 3362 US participants
Confirmation code (both non-US and US): 8428157
An archive version of the webcast will be available on Cookson's
website from 9.00am on Wednesday 28 November. In addition, an
archive audio replay will be available until Tuesday 11 December
2012 using the dial in numbers below:
+44 (0)20 3427 0598 non-US participants
+1 347 366 9565 US participants
Confirmation code (both non-US and US): 8428157#
About Cookson Group plc:
Cookson Group plc is a leading materials science company
operating on a worldwide basis.
The Engineered Ceramics division is the world leader in the
supply of advanced consumable refractory products and systems to
the global steel and foundry industries and a leading supplier of
speciality products to the glass and solar industries.
The Performance Materials division is a leading supplier of
electronic assembly materials and advanced surface treatment and
plating chemicals to the electronics, automotive, industrial and
construction markets.
The Precious Metals division is a leading supplier of fabricated
precious metals (primarily gold, silver and platinum) to the
jewellery industry in the UK, France and Spain, and also has
significant precious metal recycling operations.
Cookson Group plc, 165 Fleet Street, London EC4A 2AE
Registered in England and Wales No. 251977
www.cooksongroup.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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