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Comment re: trade speculation

19 Oct 2018 07:00

RNS Number : 5788E
Safestyle UK PLC
19 October 2018
 

19 October 2018

 

Safestyle UK plc

 

Comment re: trade speculation

 

The Board of Safestyle UK plc ("Safestyle") has become aware of certain rumours in the market and confirms that it is not in discussions to acquire NIAMAC Developments Ltd (trading as SafeGlaze UK) ("NIAMAC") nor to acquire its business or assets. The Board of Safestyle is however considering certain other arrangements with key stakeholders in NIAMAC that could benefit Safestyle's business and accelerate its recovery.

 

There can be no certainty that any formal arrangement will be entered into. A further announcement will be made in due course, as appropriate.

 

Enquiries:

 

Safestyle UK plc

via FTI Consulting

Mike Gallacher, Chief Executive Officer

 

Rob Neale, Chief Financial Officer

 

 

 

Zeus Capital (Nominated Adviser & Joint Broker)

Tel: 0203 829 5000

Nick How / Dominic King

 

 

 

Liberum Capital Limited (Joint Broker)

Tel: 0203 100 2100

Neil Patel / Jamie Richards

 

 

 

FTI Consulting (Financial PR)

Tel: 0203 727 1000

Alex Beagley / James Styles / Laura Saraby

 

 

 

 

About Safestyle UK plc

 

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.

 

 

 

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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