GYG PLC Matched Bargain Dealing Facility (6018Y)
07 September 2022 - 7:29PM
UK Regulatory
TIDMGYG
RNS Number : 6018Y
GYG PLC
07 September 2022
7 September 2022
GYG plc
("GYG", the "Company" or the "Group")
Matched Bargain Dealing Facility
GYG (AIM: GYG), the superyacht painting, supply and maintenance
company, reminds shareholders that the last day of dealings in GYG
plc ordinary shares on AIM will be today, 7 September 2022.
As noted in the Company's announcement of 31 August 2022, the
Company will re-register as a private limited company with the name
"GYG Limited" and adopt new articles of association, which is
expected to take place in the week commencing 12 September
2022.
To facilitate future shareholder transactions in the Company, JP
Jenkins has been appointed to provide a matched bargain facility,
which is expected to be available by the end of September 2022.
Shareholders wishing to trade these securities can do so through
their stockbroker. Trades will be conducted at a level that JP
Jenkins is able to match a willing seller and a willing buyer.
Trades can be conducted, and limits can be accepted, during normal
business hours. Shareholders or potential investors can place
limits via their existing UK regulated stockbroker.
The indicative pricing for the ordinary shares (ISIN:
GB00BZ4FM652), as well as the transaction history, will be
available on the JP Jenkins website at https://jpjenkins.com .
For further information, please contact:
GYG plc via FTI Consulting
Richard McGuire, Non-executive Chairman Tel: +44 (0) 20 3727
Remy Millott, Chief Executive Officer 1000
Kevin McNair, Chief Financial Officer
Singer Capital Markets Tel: +44 (0) 20 7496
Tom Salvesen 3000
Peter Steel, Amanda Gray
FTI Consulting Tel: +44 (0) 20 3727
Alex Beagley 1000
Fiona Walker gyg@fticonsulting.com
Rafaella de Freitas
Notes to Editors:
GYG is a superyacht painting, supply and maintenance company,
offering services globally through operations in the Mediterranean,
Northern Europe and the United States. The Company's brands include
Pinmar, Pinmar Yacht Supply, and Technocraft. GYG's operations can
be divided into three key sales channels:
-- Refit: repainting and finishing of superyachts, normally as
part of a refit programme. Revenues also include scaffolding,
containment and the removal and repair of fittings
-- New Build: fairing and painting of new vessels as part of the build process
-- Supply: the sale and delivery of maintenance materials,
consumables, spare parts and equipment primarily to superyachts and
trade customers
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