SIG PLC Response to press speculation

RNS Number : 6907H

SIG PLC

10 October 2024

 

10 October 2024

 

SIG plc: Response to press speculation

 

SIG plc ("SIG", or "the Company" or "the Group") notes recent speculation in a press article regarding the potential refinancing of its €300m bond, which is due to mature in November 2026.

 

As indicated in the Company's recent trading update on 2 October 2024, the Board has continued its evaluation of the optimal approach to the refinancing of the Group's debt facilities ahead of their maturity dates.

 

In this regard, SIG is exploring a potential tender offer for its existing bonds, to be financed from the proceeds of a new bond issuance. There is no certainty that either transaction will be concluded, nor as to their terms.

 

The Company will make a further announcement as and when appropriate.

 

 

Contacts

SIG plc		[phone] / [e-mail]
Gavin Slark Ian Ashton	Chief Executive Officer Chief Financial Officer
Sarah Ogilvie	Head of Investor Relations
FTI Consulting		[phone]
Richard Mountain

LEI: 213800VDC1BKJEZ8PV53

 

This announcement contains inside information for the purposes of UK MAR.  The person responsible for arranging the release of this announcement on behalf of SIG is Andrew Watkins, Group General Counsel & Company Secretary.

 

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