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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sigmaroc Plc | LSE:SRC | London | Ordinary Share | GB00BYX5K988 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.50 | -0.76% | 65.00 | 64.40 | 64.70 | 65.40 | 64.30 | 65.40 | 1,876,468 | 16:35:16 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investment Advice | 580.29M | 13.53M | 0.0121 | 53.22 | 717.97M |
TIDMSRC
RNS Number : 9939I
SigmaRoc PLC
27 March 2018
SigmaRoc plc / EPIC: SRC / Market: AIM / Sector: Construction Materials
27 March 2018
SigmaRoc plc
('SigmaRoc' or the 'Company')
Partnership with Tarmac, a CRH company
SigmaRoc plc, the buy-and-build construction materials group is pleased to announce it has entered into a licensing agreement with Tarmac Trading Limited ('Tarmac'), for the manufacture, distribution and installation of its Shuttabloc(TM) system.
Shuttabloc(TM), developed by SigmaRoc subsidiary Poundfield Products Limited ('Poundfield'), is a revolutionary precast retaining wall with internal reinforcing system and forms part of Poundfield's offering of innovative offsite solutions. Protected by a series of patents, the Shuttabloc(TM) system has applications in the industrial, agricultural and infrastructure sectors.
The partnership entered into with Tarmac is an important next step in the development of Poundfield products, marrying scale, capability and client base with innovative product design. Tarmac will lead the commercialisation, production and installation of the Shuttabloc(TM) system with initial technical and advisory support from SigmaRoc and its subsidiary Poundfield.
Max Vermorken, CEO, commented:
"We are very excited to enter into this partnership with Tarmac, the UK's leading construction materials business. They are by far the group best placed to ensure the success of a very innovative retaining wall system. Tarmac will bring the scale and onsite installation capacity required to take this innovative system to the next level".
Enquiries:
Tel: +44(0)207 002 SigmaRoc 1080 Max Vermorken, CEO Strand Hanson (Nominated Tel: +44(0)207 409 and Financial adviser) 3494 James Spinney / James Dance Tel: +44(0)203 207 Berenberg (Broker) 7800 Ben Wright / Mark Whitmore / Laure Fine TB Cardew (Financial PR Tel: +44(0)207 930 adviser) 0777 Ed Orlebar / Tom Allison / Alycia MacAskill sigmaroc@tbcardew.com
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
March 27, 2018 02:00 ET (06:00 GMT)
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