SigmaRoc PLC Acquisition of leading quarrying group GDH (6446Z)

TIDMSRC

RNS Number : 6446Z

SigmaRoc PLC

22 September 2020

22 September 2020

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

SIGMAROC PLC

( ' SigmaRoc ' , the 'Company' or the 'Group' )

Acquisition of leading quarrying group GDH (Holdings) Limited ('GDH')

SigmaRoc plc, the buy-and-build construction materials group, is pleased to announce it has completed the acquisition of the remaining 60 per cent. equity interest in GDH, a significant quarrying group located in South Wales. This acquisition has been completed in line with the Company's announcements dated 15 April 2019 and 1 September 2020.

SigmaRoc will be working closely with the GDH management team to grow and develop the business in South Wales, focusing on a number of prospects and significant opportunities for the business during the remainder of the year and into 2021.

Max Vermorken, CEO of SigmaRoc, commented:

"We are delighted to have completed our acquisition of GDH and we look forward to building on the excellent progress made during our time as a minority shareholder and to continuing our work with Ian Harries and his team at GDH as they become part of the SigmaRoc Group."

Further information on GDH can be found at: https://gdharries.biz .

Information on SigmaRoc is available on the Company's website at: www.sigmaroc.com .

For further information, please contact:

 
 SigmaRoc plc                                           Tel: +44 (0) 
  Max Vermorken                                          207 002 1080 
 Strand Hanson Limited (Nominated and Financial         Tel: +44(0) 207 
  Adviser)                                               409 3494 
  James Spinney / James Dance / Jack Botros 
 Liberum Capital (Co-Broker)                            Tel: +44 (0) 
  Neil Patel / Jamie Richards / Jonathan Wilkes-Green    203 100 2000 
  / William Hall 
 Peel Hunt (Co-Broker)                                  Tel: +44 (0) 
  Mike Bell/Ed Allsop                                    20 7418 8900 
 Rubik Communications (Financial PR adviser)            Tel: +44 (0) 
  Andrea Mora / Charlotte Hollinshead                    207 002 1080 
                                                         [e-mail] 
 

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September 22, 2020 02:00 ET (06:00 GMT)