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OCN Ocean Wilsons (holdings) Ld

1,475.00
20.00 (1.37%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ocean Wilsons (holdings) Ld LSE:OCN London Ordinary Share BMG6699D1074 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  20.00 1.37% 1,475.00 1,445.00 1,455.00 1,455.00 1,445.00 1,455.00 18,549 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Towing And Tugboat Services 496.7M 67.05M 1.8960 7.67 514.53M

Ocean Wilsons Holdings Ltd Response to media speculation (3278C)

12/06/2023 7:00am

UK Regulatory


Ocean Wilsons (holdings)... (LSE:OCN)
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TIDMOCN

RNS Number : 3278C

Ocean Wilsons Holdings Ltd

12 June 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Ocean Wilsons Holdings Limited

(the "Group" or the "Company")

Response to media speculation

The Board notes recent Brazilian media speculation to the effect that the Company is negotiating the sale of its 57% owned subsidiary, Wilson Sons S.A. ("Wilson Sons").

The Company confirms that it is undertaking a strategic review involving the Company's investment in Wilson Sons. That review, which will consider all potential strategic options, is currently at an early stage and there can be no certainty as to its outcome.

The Company has not received any formal proposals from any third party with regard to a potential transaction involving Wilson Sons.

A subsequent announcement will be made as required.

For further information, please contact:

 
Ocean Wilsons Holdings Limited        Tel: +1 (441) 295 1309 
 Leslie Rans 
Peel Hunt LLP - Financial adviser  Tel: +44 (0) 20 7418 8900 
 and broker 
 Charles Batten 
 Ed Allsopp 
 Ben Harrington 
 

The person responsible for arranging the release of this announcement on behalf of Ocean Wilsons is Leslie Rans.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

June 12, 2023 02:00 ET (06:00 GMT)

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