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Ibstock Defined Benefit Pension Scheme

18 Aug 2016 07:00

RNS Number : 4746H
Ibstock PLC
18 August 2016
 

 

18 August 2016

Ibstock plc (the "Company")

 

Ibstock Defined Benefit Pension Scheme (the "Scheme")

 

The Company has commenced a consultation process with approximately 40% of its UK based employees with regard to a proposal to close the Scheme to future accrual for all active members. The consultation process will last for a minimum period of 60 days.

 

No further announcement will be issued until the consultation process has been completed.

 

Enquiries:

 

Ibstock (enquiries via Citigate Dewe Rogerson)

Wayne Sheppard (CEO)

Kevin Sims (CFO)

 

 

Citigate Dewe Rogerson

Simon Rigby

Kevin Smith

Nick Hayns

+ 44 (0)20 7638 9571

 

 

Notes to Editors:

 

Ibstock plc is a leading manufacturer of clay bricks with a diversified range of clay and concrete products, and operations in the United Kingdom and the United States. Its principal products are clay bricks, brick components, concrete roof tiles, concrete substitutes for stone masonry, concrete fencing and concrete rail products.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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