REG - Braime Group PLC - Roof Works on Hunslet Road Site

BraimeAnnouncement

17/01/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250117:nRSQ6745Ta&default-theme=true

RNS Number : 6745T  Braime Group PLC  17 January 2025

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the
European Union (Withdrawal) Act 2018. Upon the publication of this
announcement via Regulatory Information Service (RIS), this inside information
will be in the public domain.

 

 

Braime Group PLC

("Braime" or the "Company" and together with its subsidiaries the "Group")

 

Roof Works on Hunslet Road Site

 

The Company will shortly be embarking on the replacement of the main roof of
its factory and group headquarters in Leeds.  This is necessary given its
age.

 

To deliver these works, the Company has today executed a contract with NU
Construction for a contract sum of £1.828m. The works will commence in
February 2025.  It is intended that this will  be financed by taking up a
bank loan, as agreed in principle with the Company's bank. A further
announcement will be made when the bank loan documentation is executed.

 

Further updates will be provided in due course as appropriate.

 

For further information please contact:

 

Nicholas Braime/Cielo Cartwright

0113 245 7491

 

Zeus Capital Limited

Katy Mitchell

0113 394 6628

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFZGMMNVZGKZM