Rockwood Strategic PLC Admission to the Main Market (0824B)

TIDMRKW

RNS Number : 0824B

Rockwood Strategic PLC

29 September 2022

29 September 2022

Rockwood Strategic plc

("Rockwood Strategic" or the "Company")

Admission to the premium segment of the Official List and Cancellation of Admission to Trading on AIM

Rockwood Strategic plc (AIM: RKW) is pleased to confirm that its entire issued share capital will be admitted today to listing on the premium segment of the Official List maintained by the FCA and to trading on the premium segment of the London Stock Exchange's Main Market (together, "Admission").

Trading in the existing ordinary shares on AIM will be cancelled simultaneously. The Company's ticker, ISIN, SEDOL and LEI remain unchanged.

The Company's issued share capital consists of 2,541,046 ordinary shares with voting rights. The Company does not hold any ordinary shares in treasury. The above figure may be used by Shareholders in determining the denominator for the calculation by which they will establish if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Noel Lamb, Chairman, said: "The U.K. has many attributes for investors, not least a long-established, regulated stock market. Small companies make up the vast majority of this market by number and the Board believes the strategy's highly selective, value based, approach is differentiated and will deliver for shareholders over the long-term."

Richard Staveley, Fund Manager for Rockwood Strategic, said: "We are delighted to be joining the main market. U.K. equities appear undervalued when compared to history or key overseas markets. Smaller UK equities offer a rich and diverse hunting ground for attractive investments. We seek to continue the outstanding returns of recent years, growing our shareholder base and focusing on our goal of compounding wealth long term, using the experience the team has built over multiple decades in this specialist area."

For further information, please contact:

 
Rockwood Strategic plc 
 Chairman                            Noel Lamb           020 7264 4444 
Harwood Capital LLP                Christopher Hart 
 Investment Manager                 Richard Staveley   020 7640 3200 
Singers Capital Markets Advisory   James Maxwell 
 LLP                                Alex Bond 
 Nominated Adviser and Broker       James Fischer      020 7496 3000 
 

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 [e-mail] 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

LISDBGDCLXDDGDI

(END) Dow Jones Newswires

September 29, 2022 02:00 ET (06:00 GMT)