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IN BRIEF: SigmaRoc Exercises Option To Buy Remaining 60% In GDH

1st Sep 2020 18:22

SigmaRoc PLC - buy-and-build construction materials firm - Agrees to acquire the remaining 60% interest in GDH Holdings Ltd, a quarrying group located in South Wales, following the exercise of its exclusive option. Completion is anticipated on or around September 21. The consideration will be funded through internal resources following strong cash generation during the first half of 2020.

Current stock price: 46.00 pence

Year-to-date change: down 12%

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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