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49.00    -0.55 (-1.11%)
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Spread: 0.65 (1.328%)
Market Cap: £157.85m
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Major Shareholder Notification

24 Feb 2020 14:30

RNS Number : 9400D
Brickability Group PLC
24 February 2020
 

 

Brickability Group plc

 

("Brickability" or the "Company")

 

Major Shareholder Notification

 

Brickability Group plc, a leading construction materials distributor, has been today notified that on 24 February 2020, Promethean UK Opportunities Fund II LP acting by its general partner, 19 Street (GP) Limited ("Promethean"), has sold 28,987,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") representing 12.6 per cent. of the issued share capital. Following this transaction, Promethean no longer has an interest in Ordinary Shares in the Company.

 

- Ends -

 

 

Enquiries

 

Brickability Group plc

Alan Simpson, Chief Executive Officer

Stuart Overend, Chief Financial Officer

c/o Montfort Communications

 

 

Cenkos Securities plc (Nominated adviser and broker)

Max Hartley / Max Gould (Nomad)

Julian Morse (Sales)

 

+44 (0) 20 7397 8900

Montfort Communications

James Olley

Woolf Thomson Jones

+44 (0)20 3770 7916

 

 

About Brickability

Brickability is a leading construction materials distributor, serving customers across the UK for over 25 years through its mainstream and local networks. The Company supplies over 300m bricks annually and already has 25 sites and sales offices, employing approximately 225 people throughout the UK. Across its three divisions, the Group supplies bricks, roofing, heating, flooring, doors and windows to meet UK housebuilder demand.

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
 
 
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