Johnson Matthey PLC Response to letter from Standard Investments
17 December 2024 - 12:13AM
RNS Regulatory News
RNS Number : 2640Q
Johnson Matthey PLC
16 December 2024
16th December
2024
Johnson Matthey Plc
(the Company)
Response to letter from Standard
Investments
Johnson Matthey Plc ("JM") notes the
letter published by Standard Investments on 16th
December 2024.
The Board of JM welcomes
constructive input from all shareholders, and accordingly has had a
dialogue with Standard Investments since it became a
shareholder.
The Board and management team are
resolute in their focus on improving JM's share price performance
and recognise the need to restore shareholder returns. JM is fully
committed to driving enhanced performance, higher cash flow and
stronger capital discipline. JM is making progress in a challenging
market environment through delivery of a comprehensive
transformation strategy and will continue to adapt this strategy to
the evolving market situation.
A further update will be provided as
appropriate.
ENDS
Enquiries:
|
|
|
Investor Relations
Martin Dunwoodie
Louise Curran
|
Director of Investor
Relations
Head of Investor
Relations
|
+44 20 7269 8241
+44 20 7269 8235
|
Media
Sinead Keller
Harry Cameron
|
Group External Relations
Director
Teneo
|
+44 20 7269 8218
+44 7799 152148
|
|
|
|
Johnson Matthey Plc is listed on the
London Stock Exchange (JMAT)
Registered
in England & Wales number:
00033774
Legal Entity Identifier number:
2138001AVBSD1HSC6Z10
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END
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