REG - Chamberlin PLC - Trading Update

ChamberlinAnnouncement

16/12/2020 12:00

RNS Number : 8787I
  
Chamberlin PLC
  
16 December 2020
  
 

16 December 2020
Chamberlin plc
(the "Company" or the "Group")
 
Trading Update
 
Chamberlin plc (AIM: CMH.L), the specialist castings and engineering group, announces that it has received notice from its major customer, BorgWarner Turbo Systems Worldwide Headquarters GmbH, of its intention to cancel all contracts with effect from 22 January 2021.  
 
The Board is reviewing the notification with its advisers and is evaluating the potential impact on the Company.  A further announcement will be made in due course.
 
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
 
Enquiries
 



Chamberlin plc
Kevin Nolan, Chief Executive
Neil Davies, Finance Director


 


T: 01922 707100
 




 


 


 




Cenkos Securities plc (Nominated Adviser and Broker)
Russell Cook
Katy Birkin


 


T: 020 7397 8900



 

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 or visit 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.
 
  END
 
 
MSCGPGWAPUPUGGQ