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Statement re share price movement

22 May 2018 11:40

RNS Number : 8884O
Flowgroup plc
22 May 2018
 

 

 

 

Flowgroup plc

("Flow" or the "Company")

 

Statement re share price movement

 

The board of Flowgroup notes the recent rise in its share price and confirms that it knows of no reason for this rise. Further to its announcement dated 10 April 2018 and following the recent completion of the sale of Flow Energy Limited ("FEL"), it remains the case that under all foreseeable scenarios following completion of the sale of FEL, the distribution to shareholders is expected to be £nil.

Enquiries:

 

Flowgroup plc

Alan Lovell, Chairman

Nigel Canham, Chief Financial Officer

Cenkos Securities plc (Nominated adviser and broker)

Stephen Keys / Mark Connelly / Callum Davidson (Corporate Finance)

 

Walbrook PR Ltd (Financial PR advisers)

Paul McManus / Nick Rome

 

+44 (0)20 3817 3637 

 

 

 

+44 (0)20 7397 8900

 

 

+44 (0)20 7933 8780

 

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Date   Source Headline
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