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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Flowgroup | LSE:FLOW | London | Ordinary Share | GB00B19H7076 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0145 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMFLOW
RNS Number : 0084A
Flowgroup plc
21 March 2017
Flowgroup plc
("Flow" or the "Company" or the "Group")
Update re sale of Flow Energy Limited
On 8 February, the Company announced that it was actively pursuing the sale of Flow Energy Limited and can now report that, following that announcement, it received a number of indicative offers for that part of the Group. The Company announces that it has selected a preferred bidder and has entered into an exclusivity agreement with this party. Whilst there can be no guarantee that the sale of Flow Energy Limited will complete with this party, or that the sale of Flow Energy Limited will complete at all, the Company expects to make a further announcement in the coming weeks. Any disposal would be conditional on shareholder approval.
The Directors continue to consider alternative funding options for the Group should the disposal of Flow Energy Limited not conclude for any reason.
Flowgroup plc www.flowgroup.uk.com Tony Stiff, Group Chief Executive Tel: +44 (0)20 3137 4525 Officer Nigel Canham, Chief Financial Officer Cenkos Securities plc (NOMAD and Tel: +44 (0)20 7397 8900 Broker) Stephen Keys/Callum Davidson (Corporate Finance) Julian Morse (Sales) Walbrook PR Ltd (Media Relations) Tel: +44 (0)20 7933 8780 or flowgroup@walbrookpr.com Paul McManus Mob: +44 (0)7980 541 893 Nick Rome Mob: +44 (0)7748 325 236
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCURRKRBUAOUAR
(END) Dow Jones Newswires
March 21, 2017 03:00 ET (07:00 GMT)
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