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RR. Rolls-royce Holdings Plc

423.60
4.00 (0.95%)
Last Updated: 09:02:44
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rolls-royce Holdings Plc LSE:RR. London Ordinary Share GB00B63H8491 ORD SHS 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 0.95% 423.60 423.50 423.70 424.60 421.00 421.80 707,137 09:02:44
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Engine,engine Parts 16.49B 2.41B 0.2884 14.67 35.38B

Rolls-Royce Holdings plc Termination of discussions in relation to ITP Aero (6284G)

24/07/2019 5:08pm

UK Regulatory


Rolls-royce (LSE:RR.)
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TIDMRR.

RNS Number : 6284G

Rolls-Royce Holdings plc

24 July 2019

24 July 2019

ROLLS-ROYCE CONFIRMS TERMINATION OF DISCUSSIONS

IN RELATION TO ITP AERO

On 14 June, Rolls-Royce announced that it had received a preliminary and conditional indication of interest from Indra to acquire a majority stake in ITP Aero.

Rolls-Royce confirms that discussions with Indra have ended without agreement between the parties.

ITP Aero will remain a separately reported business segment and a core part of Rolls-Royce.

About Rolls-Royce Holdings plc

1. Rolls-Royce pioneers cutting-edge technologies that deliver clean, safe and competitive solutions to meet our planet's vital power needs.

2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and nuclear customers.

3. Annual underlying revenue was GBP15 billion in 2018, around half of which came from the provision of aftermarket services.

4. In 2018, Rolls-Royce invested GBP1.4 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

5. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

For further information, please contact:

Jennifer Ramsey

Head of Investor Relations

Tel +44 (0) 7825 903206

jennifer.ramsey@rolls-royce.com

Richard Wray

Director of External Communications & Brand

Rolls-Royce plc

Tel: +44 (0) 7974 918416

richard.wray@rolls-royce.com

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.

END

MSCRIMFTMBMTBAL

(END) Dow Jones Newswires

July 24, 2019 12:08 ET (16:08 GMT)

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