Scapa Group PLC Acquisition (5953C)

TIDMSCPA

RNS Number : 5953C

Scapa Group PLC

02 October 2018

2 October 2018

LEI No. 213800QIPVTK5ES5UU36

Scapa Group plc ("Scapa" or "the Group")

Completion of Acquisition of Systagenix Advanced Wound Dressing Facility in Gargrave

Entering a 5-year exclusive manufacturing and supply agreement

Further to the announcement made on 13 September 2018, Scapa Group plc (AIM: SCPA) is pleased to announce that its acquisition of the share capital of Systagenix Wound Management Manufacturing Limited completed on 1 October 2018. In addition, Scapa and Acelity have now entered into the exclusive five-year manufacturing and supply agreement for Systagenix advanced wound care products that are currently manufactured in the Gargrave facility, with immediate effect.

For further information:

 
 Scapa Group plc 
  Heejae Chae - Group Chief Executive 
  Oskar Zahn - Chief Financial Officer      0161 301 7430 
 Numis Securities Limited 
  (Nominated Adviser and Joint Broker) 
  Richard Thomas/Mark Lander               020 7260 1000 
 
 
   Berenberg 
   (Joint Broker)                           020 3207 7800 
   Chris Bowman 
 
   Weber Shandwick Financial PR 
   Nick Oborne                              020 7067 0000 
 

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October 02, 2018 02:00 ET (06:00 GMT)