REG - Fisher (James) - Sale of Paladin for US$17.3m

James Fisher And SonsAnnouncement

01/07/2021 07:05

RNS Number : 7522D
  
Fisher (James) & Sons plc
  
01 July 2021
  
 

1 July 2021
 
James Fisher and Sons plc
Sale of Paladin for US$17.3m
 
James Fisher and Sons plc ("James Fisher" or the "Group"), the leading marine services provider, announces the sale of Paladin, one of its two Dive Support Vessels, for US$17.3 million to Seamec Ltd. 
 
This announcement is in line with the Group's newly stated capital allocation policy to reduce leverage, in the short term, through the sale of non-core assets.
 
 
Contacts
 




James Fisher and Sons plc
 


Eoghan O'Lionaird, Chief Executive Officer
Duncan Kennedy, Chief Financial Officer
 


01229 615 400




FTI Consulting
 


Richard Mountain / Susanne Yule
 


020 3727 1000




  

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