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18 Nov 2020 14:00
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
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