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22 May 2018 11:40
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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