ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

WCH Wilmcote Holdings Plc

3.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wilmcote Holdings Plc LSE:WCH London Ordinary Share JE00BZBYC658 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.00 2.00 4.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Wilmcote Holdings PLC Year End Trading Update (3695V)

23/07/2018 7:00am

UK Regulatory


TIDMWCH

RNS Number : 3695V

Wilmcote Holdings PLC

23 July 2018

LEI number: 2138004EUUU11OVHZW75

   23 July 2018                        This announcement contains inside information 

Wilmcote Holdings PLC

Year End Trading Update

Wilmcote Holdings plc ("Wilmcote" or the "Company") provides the following update for the period ended 30 June 2018 pending publication of the Company's audited results.

Wilmcote was established with the objective of creating value for its investors through the acquisition and subsequent development of target businesses in the large and highly fragmented downstream and specialty chemicals sector, and was admitted to trading on the AIM market of the London Stock Exchange on 17 August 2017.

During the period to 30 June 2018 Wilmcote explored a number of opportunities in line with its investment strategy, in particular the potential acquisition of Arysta LifeScience from Platform Specialty Products Corporation ("Platform"). Discussions ceased on 18 June 2018, and Platform are now in exclusive negotiations with another party.

As at 30 June 2018 Wilmcote's net cash balance after deducting costs incurred and accrued in respect of operating and due diligence expenses was approximately GBP11.5 million.

Adrian Whitfield, Wilmcote CEO, commented: "There are a large number of attractive buy-and-build opportunities in the downstream and specialty chemical sector and we continue to be very excited about our prospects of being able to execute our investment strategy to unlock the full potential of acquired assets."

Teneo (Financial PR) Tel: +44 (0) 7703 330 269

Charles Armitstead/ Rosie Oddy

   Numis Securities Limited (Nominated Adviser and Broker)                 Tel: +44 (0) 20 7260 1000 

Ross Mitchinson

Jamie Lillywhite

James Taylor

Jamie Loughborough

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

TSTUARRRWBABUAR

(END) Dow Jones Newswires

July 23, 2018 02:00 ET (06:00 GMT)

1 Year Wilmcote Chart

1 Year Wilmcote Chart

1 Month Wilmcote Chart

1 Month Wilmcote Chart

Your Recent History

Delayed Upgrade Clock