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Poundfield deferred consideration

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SigmaRoc plc / EPIC: SRC / Market: AIM / Sector: Construction & Materials

 

1 February 2019

 

SigmaRoc plc

('SigmaRoc', the 'Company' or the 'Group')

 

Poundfield Deferred Consideration

 

SigmaRoc plc, the AIM quoted buy-and-build construction materials group, is pleased to announce that it has issued 1,976,888 new ordinary shares of 1p each in the Company ('Ordinary Shares') to the vendor of Poundfield Products (Group) Limited as satisfaction of the £750,000 deferred consideration (the 'Poundfield Shares'). The Poundfield Shares will be subject to a lock-in until 19 December 2019.

 

Application will be made for the Poundfield Shares to be admitted to trading on the AIM market of the London Stock Exchange ('Admission'). Admission is expected to occur on or around 7 February 2019.

 

Following Admission, the total issued share capital of the Company will consist of 173,817,546 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company shall be 173,817,546 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

 

Further information can be found on the Company's website at www.sigmaroc.com.

 

Enquiries:

 

SigmaRoc

Tel: +44(0)207 129 7828

Max Vermorken, CEO

 

 

 

Strand Hanson (Nominated and Financial adviser)

Tel: +44(0)207 409 3494

James Spinney / James Dance

 

 

 

Berenberg (Broker)

Tel: +44(0)203 207 7800

Ben Wright / Mark Whitmore / Laure Fine

 

 

 

Investor Relations

Tel: +44(0)207 129 7828

Ian Osburn / Ben Feder

ir@sigmaroc.com