22 Sep 2020 07:00
22 September 2020
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(EPIC: SRC / Market: AIM / Sector: Construction Materials)
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SIGMAROC PLC
('SigmaRoc', the 'Company' or the 'Group')
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Acquisition of leading quarrying group GDH (Holdings) Limited ('GDH')
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SigmaRoc plc, the buy-and-build construction materials group, is pleased to announce it has completed the acquisition of the remaining 60 per cent. equity interest in GDH, a significant quarrying group located in South Wales. This acquisition has been completed in line with the Company's announcements dated 15 April 2019 and 1 September 2020.
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SigmaRoc will be working closely with the GDH management team to grow and develop the business in South Wales, focusing on a number of prospects and significant opportunities for the business during the remainder of the year and into 2021.
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Max Vermorken, CEO of SigmaRoc, commented:
"We are delighted to have completed our acquisition of GDH and we look forward to building on the excellent progress made during our time as a minority shareholder and to continuing our work with Ian Harries and his team at GDH as they become part of the SigmaRoc Group."
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Further information on GDH can be found at: https://gdharries.biz.
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Information on SigmaRoc is available on the Company's website at: www.sigmaroc.com.
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For further information, please contact:
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SigmaRoc plc Max Vermorken  | Tel: +44 (0) 207 002 1080 |
Strand Hanson Limited (Nominated and Financial Adviser) James Spinney / James Dance / Jack Botros  | Tel: +44(0) 207 409 3494 |
Liberum Capital (Co-Broker) Neil Patel / Jamie Richards / Jonathan Wilkes-Green / William Hall  | Tel: +44 (0) 203 100 2000   |
Peel Hunt (Co-Broker) Mike Bell/Ed Allsop  | Tel: +44 (0) 20 7418 8900 |
Rubik Communications (Financial PR adviser) Andrea Mora / Charlotte Hollinshead | Tel: +44 (0) 207 002 1080 info@rubikcomms.com  |
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