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Compensation payment

18th Nov 2020 14:00

RNS Number : 7673F

Barr(A.G.) PLC

18 November 2020

IMMEDIATE RELEASE 18 November 2020

A.G. BARR p.l.c.

("the Company")

Compensation payment

A.G. BARR p.l.c., which produces and markets some of the UK's leading drinks brands, confirms that, following the previously communicated termination of its sale and distribution agreement with Rockstar Inc., the associated contractual compensation payment has now been received.

The payment, which amounts to £7.6m, will be treated as a one-off exceptional item in the current financial year accounts.

Despite continued uncertainty associated with the COVID-19 pandemic the Company continues to trade in line with the most recent market guidance as communicated at the interim results in September.

For more information, please contact :

A.G. BARR 0330 390 3900 Instinctif Partners 020 7457 2010/2005

Roger White, Chief Executive Justine Warren

Stuart Lorimer, Finance Director Matthew Smallwood

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 [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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