Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVesuvius Regulatory News (VSVS)

Share Price Information for Vesuvius (VSVS)

Share Price is delayed by 15 minutes
Get Live Data
449.00    -6.00 (-1.32%)
Bid:
448.20
Ask:
449.60
Spread: 1.40 (0.312%)
Market Cap: £1.11b
VSVS Live PriceLast checked at - London Stock Exchange

Intraday Vesuvius Share Chart

Settlement with MacDermid, Inc

19 Feb 2015 14:02

RNS Number : 3761F
Vesuvius plc
19 February 2015
 



 

 

 

19 February 2015

 

Settlement with MacDermid, Inc. on legacy corporate activity

Vesuvius plc, a global leader in molten metal flow engineering notes the announcements made by Alent plc and Platform Speciality Products Corporation regarding the resolution of litigation arising out of corporate activity relating to Cookson Group plc's Performance Materials Division (now Alent plc) dating back to autumn 2006.

The pending litigation was noted in the contingent liability note of Vesuvius' 2013 Annual Report and Accounts. Pursuant to the terms of the demerger of Vesuvius and Alent plc, Vesuvius is required to contribute 50% of any net settlement liability. Vesuvius will pay US$10m (GBP£6.4m) as its share of the full and final settlement of the litigation.

-----ENDS-----

For further information please contact:

Shareholder/analyst enquiries:

Vesuvius plc

 

Nicolas Matheï, Group Head of Corporate Finance +44 (0) 207 822 0000

Virginia Skroski, Investor Relations Manager +44 (0) 207 822 0016

 

Media enquiries:

MHP Communications

 

John Olsen/ Tim Roundtree/ Jamie Ricketts +44 (0) 203 128 8100

 

 

About Vesuvius plc

Vesuvius is a global leader in molten metal flow engineering principally serving the steel and foundry industries.

 

We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to improve their manufacturing processes, enhance product quality and reduce energy consumption. These include flow control solutions, advanced refractories and other consumable products and - increasingly - related technical services including data capture.

 

We have a worldwide presence, serving our customers through a network of low-cost manufacturing plants located close to their own facilities, and by embedding our industry experts within their operations, all supported by our global technology centres.

 

Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which enable us to expand our addressable markets.

 

Our ultimate goal is to create value for our customers in order to deliver sustainable, profitable growth and provide our shareholders with a superior return on their investment whilst providing each of our employees with a safe workplace where he or she is recognised, developed and properly rewarded.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCPKCDKQBKDDBD
Date   Source Headline
25th Jul 20247:00 amPRNTransaction in Own Shares
24th Jul 20247:00 amPRNTransaction in Own Shares
23rd Jul 20247:00 amPRNTransaction in Own Shares
19th Jul 20247:00 amPRNTransaction in Own Shares
18th Jul 20247:00 amPRNTransaction in Own Shares
17th Jul 20247:00 amPRNTransaction in Own Shares
16th Jul 20247:00 amPRNTransaction in Own Shares
15th Jul 20247:00 amPRNTransaction in Own Shares
12th Jul 20247:00 amPRNTransaction in Own Shares
11th Jul 20247:00 amPRNTransaction in Own Shares
10th Jul 20247:00 amPRNTransaction in Own Shares
9th Jul 20247:00 amPRNTransaction in Own Shares
8th Jul 20247:00 amPRNTransaction in Own Shares
5th Jul 20247:00 amPRNTransaction in Own Shares
4th Jul 20247:00 amPRNTransaction in Own Shares
3rd Jul 20247:00 amPRNTransaction in Own Shares
2nd Jul 20247:00 amPRNTransaction in Own Shares
1st Jul 20247:00 amPRNTransaction in Own Shares
28th Jun 20247:00 amPRNTransaction in Own Shares
27th Jun 20247:00 amPRNTransaction in Own Shares
26th Jun 20247:00 amPRNTransaction in Own Shares
25th Jun 20247:00 amPRNTransaction in Own Shares
24th Jun 20247:00 amPRNTransaction in Own Shares
21st Jun 20247:00 amPRNTransaction in Own Shares
20th Jun 20247:00 amPRNTransaction in Own Shares
19th Jun 20247:00 amPRNTransaction in Own Shares
18th Jun 20247:00 amPRNTransaction in Own Shares
17th Jun 20247:00 amPRNTransaction in Own Shares
14th Jun 20247:00 amPRNTransaction in Own Shares
13th Jun 20247:00 amPRNTransaction in Own Shares
12th Jun 20247:00 amPRNTransaction in Own Shares
11th Jun 20247:00 amPRNTransaction in Own Shares
10th Jun 20247:00 amPRNTransaction in Own Shares
7th Jun 20247:00 amPRNTransaction in Own Shares
6th Jun 20247:00 amPRNTransaction in Own Shares
5th Jun 20247:00 amPRNTransaction in Own Shares
4th Jun 20247:00 amPRNTransaction in Own Shares
3rd Jun 20247:00 amPRNTransaction in Own Shares
30th May 20247:00 amPRNTransaction in Own Shares
29th May 20247:00 amPRNTransaction in Own Shares
28th May 20247:00 amPRNTransaction in Own Shares
28th May 20247:00 amPRNDirectorate Change
24th May 20247:00 amPRNTransaction in Own Shares
23rd May 20247:00 amPRNTransaction in Own Shares
22nd May 20247:00 amPRNTransaction in Own Shares
21st May 20247:00 amPRNTransaction in Own Shares
20th May 20247:00 amPRNTransaction in Own Shares
17th May 20247:00 amPRNTransaction in Own Shares
16th May 20247:00 amPRNTransaction in Own Shares
15th May 20243:48 pmPRNResult of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.