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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sigmaroc Plc | LSE:SRC | London | Ordinary Share | GB00BYX5K988 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.10 | -0.15% | 65.50 | 65.40 | 65.70 | 66.60 | 65.20 | 65.40 | 5,202,816 | 16:35:09 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investment Advice | 580.29M | 13.53M | 0.0121 | 54.05 | 729.11M |
From Apr 2019 to Apr 2024
LONDON--SigmaRoc PLC (SRC.LN) said Monday it is seeking regulatory approvals to buy Ronez Ltd., from Aggregate Industries Ltd., a wholly owned subsidiary of LafargeHolcim Ltd. (HCMLY), in a deal that's classed as a reverse takeover under U.K rules.
SigmaRoc announced on Oct. 5 that it had submitted a binding proposal for a deal, and that its shares were therefore suspended. It didn't say what the deal was or who its was with.
The investing company said Monday it has participated in an application to the Channel Islands Competition & Regulatory Authorities for approvals to buy Ronez. The proposed acquisition will be conditional on a number of things, including financing, CICRA and shareholder approvals.
The company's ordinary shares will remain suspended from trading on AIM until an admission document is published.
Ronez is a producer of construction materials. It operates two quarries and multiple business lines with associated production units across Jersey and Guernsey, providing a range of construction materials to the local area.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
November 21, 2016 03:39 ET (08:39 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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