Adams Regulatory News (ADA)

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REMOVE ADS

Disposal

17 Dec 2019 08:57

RNS Number : 1342X

Adams PLC

17 December 2019

Adams plc

("Adams" or the "Company")

Disposal

The Directors announce that, on 16 December 2019, Adams sold the whole of its remaining holding of 275,643 ordinary shares of US$0.02 each in Petrofac Limited on the Main Market of the London Stock Exchange at a price of £4.01 per share for a total cash consideration of £1,104,656. Following this disposal, the Company will have cash balances of approximately £1,600,000. The Directors intend to reinvest the proceeds of the disposal in accordance with the Company's Investing Policy.

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Enquiries:

Adams plc
Mike Bretherton	Tel: +44 1534 719 761

Nomad
Cairn Financial Advisers LLP
Sandy Jamieson, James Caithie	Tel: +44 207 213 0880

Broker
Peterhouse Corporate Finance Limited
Lucy Williams, Duncan Vasey	Tel: +44 207 469 0930

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

DISKMMMZRNDGLZG

Date		Source	Headline
23rd Feb 2006	8:00 am	RNS	Notice of Results
9th Feb 2006	4:38 pm	RNS	Director/PDMR Shareholding
9th Feb 2006	4:36 pm	RNS	Grant of Options
8th Feb 2006	7:15 am	RNS	Acquisition
8th Feb 2006	7:01 am	RNS	Acquisition
7th Feb 2006	4:19 pm	RNS	Director/PDMR Shareholding
31st Jan 2006	1:42 pm	RNS	Report and Accounts posted
30th Jan 2006	7:01 am	RNS	Sale of Certain Assets
13th Jan 2006	9:42 am	RNS	Board Appointment
11th Jan 2006	7:05 am	RNS	Adamind Signs Universal Deal
11th Jan 2006	7:01 am	RNS	Universal Music Mobile Deal
9th Jan 2006	11:14 am	RNS	Directorate Change
3rd Jan 2006	2:03 pm	RNS	Director Shareholding
19th Dec 2005	7:01 am	RNS	Adamind Signs Four New Deals
19th Dec 2005	7:01 am	RNS	Adamind Signs Four New Deals
15th Dec 2005	6:00 pm	RNS	Dividend - Correction
15th Dec 2005	9:10 am	RNS	Dividend Declaration
18th Nov 2005	5:46 pm	RNS	Result of EGM
17th Nov 2005	11:02 am	RNS	Additional Listing
16th Nov 2005	7:01 am	RNS	DDC Third Transaction
28th Oct 2005	3:42 pm	RNS	Additional Listing
28th Oct 2005	3:42 pm	RNS	Director/PDMR Shareholding
26th Oct 2005	11:00 am	RNS	Acquisition
26th Oct 2005	7:00 am	RNS	Notice of EGM
30th Sep 2005	7:00 am	RNS	DDC First Transaction
21st Sep 2005	9:29 am	RNS	Holding(s) in Company
19th Sep 2005	4:13 pm	RNS	Dealings and Board Change
13th Sep 2005	7:16 am	RNS	Adamind Interim Results
13th Sep 2005	7:15 am	RNS	Adamind signs deal with IBM
13th Sep 2005	7:03 am	RNS	Interim Results
13th Sep 2005	7:03 am	RNS	IBM SMART Deal
31st Aug 2005	7:00 am	RNS	Preferred Supplier Status
19th Aug 2005	12:00 pm	RNS	Holding(s) in Company
3rd Aug 2005	5:25 pm	RNS	Holding(s) in Company
1st Aug 2005	12:06 pm	RNS	Holding(s) in Company
29th Jul 2005	3:25 pm	RNS	Holding(s) in Company
29th Jul 2005	3:20 pm	RNS	Holding(s) in Company
28th Jul 2005	2:00 pm	RNS	Holding(s) in Company
19th Jul 2005	9:02 am	RNS	Agreement with Critical Path
19th Jul 2005	7:05 am	RNS	Adamind - Email Services Move
19th Jul 2005	7:01 am	RNS	Moves into Email Services
13th Jul 2005	2:52 pm	RNS	Director's Dealings
7th Jul 2005	7:00 am	RNS	Director's Shareholdings
23rd Jun 2005	7:01 am	RNS	Interim Results
13th Jun 2005	2:46 pm	RNS	Block Listing Application
7th Jun 2005	12:00 pm	RNS	Result of AGM
7th Jun 2005	7:02 am	RNS	AGM Statement/ Bus. Update
13th May 2005	7:38 am	RNS	Statement re MMS Software
13th May 2005	7:19 am	RNS	Statement re MMS Software
15th Mar 2005	3:39 pm	RNS	Adamind and Openwave

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