Sprue Aegis plc Change of Name (9306S)
28 June 2018 - 9:31PM
UK Regulatory
TIDMSPRP
RNS Number : 9306S
Sprue Aegis plc
28 June 2018
28 June 2018
Sprue Aegis plc (renamed FireAngel Safety Technology Group
plc)
(the "Company" of the "Group")
Change of name to FireAngel Safety Technology Group plc
Further to the Result of AGM announcement earlier today
regarding the Company's Annual General Meeting and its approved
name change, Sprue Aegis plc, one of Europe's leading developers
and suppliers of home safety products, announces that its name has
now changed to FireAngel Safety Technology Group plc. From 8.00
a.m. tomorrow, the Company's ordinary shares will trade on AIM
under the new name of FireAngel Safety Technology Group plc and the
new TIDM of 'FA.' (previously SPRP).
The Company's ISIN (GB0030508757) and SEDOL (3050875) will
remain the same and existing share certificates will remain valid
and will not be replaced.
At 7.00 a.m. tomorrow, the Company's new website will go live at
www.fireangeltech.com.
The Company's change of name reflects the transformation of its
operations and the shift in strategic direction that has taken
place over the last eighteen months. This has been driven by the
Company's renewed focus on its core brand, FireAngel, and on the
development of innovative home safety technology, including its
connected home product offering. The Company will also be working
to consolidate its brands in order to leverage FireAngel, which is
widely-recognised in the industry.
Going forward, the Company's key strategic priorities are:
-- To build on the Company's strong existing market presence,
capitalise on its technology and exert greater end-to-end autonomy
over the product offering, all underpinned by strong IP protection
and in-house product development capabilities;
-- To accelerate the development of the Group's technology
driven, own branded FireAngel products, seeking entry into new
territories and markets;
-- To leverage Flex's manufacturing footprint and expertise,
benefitting from supply chain capabilities and efficiencies going
forward; and
-- To capitalise on the high growth potential of the Company's
'Connected Homes' proposition, and increase sales and reach of the
FireAngel Connect system.
For further information, please contact:
FireAngel Safety Technology Group plc 02477 717700
Graham Whitworth, Executive Chairman
Neil Smith, Group Chief Executive
Stockdale Securities Limited 020 7601 6100
Tom Griffiths
Vigo Communications
Jeremy Garcia / Fiona Henson 020 7390 0238
Notes to Editors
About FireAngel Safety Technology Group plc ("FireAngel")
FireAngel's mission is to protect, save and improve our
customers' lives by making innovative, leading edge technology
simple and accessible. FireAngel is one of the market leaders in
the European home safety products market and launched its own
connected homes product proposition at the end of 2016.
FireAngel's principal products are smoke alarms, CO alarms and
accessories. The Company has an extensive portfolio of patented
intellectual property in Europe, the US and other selected
territories. Products are sold under FireAngel's leading brands of
FireAngel, FireAngel Pro, SONA, AngelEye and FireAngel Connect.
For further product information, please visit:
www.fireangeltech.com
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 rns@lseg.com or visit www.rns.com.
END
CANEAFKPAASPEFF
(END) Dow Jones Newswires
June 28, 2018 07:31 ET (11:31 GMT)
Fireangel Safety Technol... (LSE:FA.)
Historical Stock Chart
From Apr 2024 to May 2024
Fireangel Safety Technol... (LSE:FA.)
Historical Stock Chart
From May 2023 to May 2024