4 Jun 2019 14:05
This announcement contains inside information
Wilmcote Holdings plc
Statement re potential acquisition
Wilmcote Holdings plc ('Wilmcote'), a company established in 2017 with the objective of creating value for its investors through the acquisition and subsequent development of target businesses in the downstream and specialty chemicals sector, notes recent press speculation and confirms that it is engaged in exclusive discussions with Arclin, Inc regarding a potential acquisition.
The discussions are ongoing and as such there is no certainty that any transaction will proceed. A further announcement will be made as and when appropriate.
In accordance with Rule 14 of the AIM Rules, Wilmcote's ordinary shares will be suspended from trading on AIM with effect from 2.00pm, 4th June. The Company's ordinary shares will remain suspended pending compliance with Rule 14 or until such time an announcement is released confirming that the potential acquisition is not proceeding.
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Enquiries:
Teneo (Financial PR)
Tel: +44(0)7703 330 269
Charles Armitstead
Numis Securities Limited (Nominated Adviser)
Tel: +44(0)207 260 1000
Kevin Cruickshank
Jamie Loughborough
Adrian Whitfield is Chief Executive Officer of Wilmcote Holdings plc, which has its offices at 11 Buckingham Street, London WC2N 6DF and has the LEI number 2138004EUUU11OVHZW75.