SigmaRoc PLC Acquisition of leading quarrying group GDH (6446Z)
22 September 2020 - 4:00PM
UK Regulatory
TIDMSRC
RNS Number : 6446Z
SigmaRoc PLC
22 September 2020
22 September 2020
(EPIC: SRC / Market: AIM / Sector: Construction Materials)
SIGMAROC PLC
( ' SigmaRoc ' , the 'Company' or the 'Group' )
Acquisition of leading quarrying group GDH (Holdings) Limited
('GDH')
SigmaRoc plc, the buy-and-build construction materials group, is
pleased to announce it has completed the acquisition of the
remaining 60 per cent. equity interest in GDH, a significant
quarrying group located in South Wales. This acquisition has been
completed in line with the Company's announcements dated 15 April
2019 and 1 September 2020.
SigmaRoc will be working closely with the GDH management team to
grow and develop the business in South Wales, focusing on a number
of prospects and significant opportunities for the business during
the remainder of the year and into 2021.
Max Vermorken, CEO of SigmaRoc, commented:
"We are delighted to have completed our acquisition of GDH and
we look forward to building on the excellent progress made during
our time as a minority shareholder and to continuing our work with
Ian Harries and his team at GDH as they become part of the SigmaRoc
Group."
Further information on GDH can be found at:
https://gdharries.biz .
Information on SigmaRoc is available on the Company's website
at: www.sigmaroc.com .
For further information, please contact:
SigmaRoc plc Tel: +44 (0)
Max Vermorken 207 002 1080
Strand Hanson Limited (Nominated and Financial Tel: +44(0) 207
Adviser) 409 3494
James Spinney / James Dance / Jack Botros
Liberum Capital (Co-Broker) Tel: +44 (0)
Neil Patel / Jamie Richards / Jonathan Wilkes-Green 203 100 2000
/ William Hall
Peel Hunt (Co-Broker) Tel: +44 (0)
Mike Bell/Ed Allsop 20 7418 8900
Rubik Communications (Financial PR adviser) Tel: +44 (0)
Andrea Mora / Charlotte Hollinshead 207 002 1080
info@rubikcomms.com
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END
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