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Trading Update

16 Dec 2020 11:55

RNS Number : 8787I

Chamberlin PLC

16 December 2020

Chamberlin plc

(the "Company" or the "Group")

Trading Update

Chamberlin plc (AIM: CMH.L), the specialist castings and engineering group, announces that it has received notice from its major customer, BorgWarner Turbo Systems Worldwide Headquarters GmbH, of its intention to cancel all contracts with effect from 22 January 2021.

The Board is reviewing the notification with its advisers and is evaluating the potential impact on the Company. A further announcement will be made in due course.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries

Chamberlin plc

Kevin Nolan, Chief Executive

Neil Davies, Finance Director

T: 01922 707100

Cenkos Securities plc (Nominated Adviser and Broker)

Russell Cook

Katy Birkin

T: 020 7397 8900

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