30th Sep 2021 11:50
Travis Perkins (TPK) Travis Perkins: Completion of Disposal of Plumbing & Heating Business 30-Sep-2021 / 11:49 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Completion of the P&H Disposal On 20 May 2021, Travis Perkins plc ("Travis Perkins" or the "Company") announced the disposal of its Plumbing & Heating distribution business to an affiliate of H.I.G. Capital for cash consideration of £325 million (the "P&H Disposal") and its intention to return the proceeds of such disposal to shareholders. Travis Perkins is pleased to announce that completion of the P&H Disposal occurred on 30 September 2021. In accordance with the announcement on 21 September 2021, Travis Perkins will distribute the net proceeds of the P&H Disposal to shareholders through a combination of a special dividend and a share buyback programme. For further information please contact: Travis Perkins Powerscourt Matt Worster Justin Griffiths / James White +44 (0) 7990 088548 +44 (0) 207 2501446 [email protected] [email protected] Heinrich Richter +44 (0) 7392 125417
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| ISIN: | GB00BK9RKT01 |
| Category Code: | MSCU |
| TIDM: | TPK |
| LEI Code: | 2138001I27OUBAF22K83 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 123291 |
| EQS News ID: | 1237142 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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