REG - Kingspan Group PLC Kingspan Group - KGP - Acquisition update

KingspanAnnouncement

05/01/2024 14:15

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RNS Number : 8347Y  Kingspan Group PLC  05 January 2024

 

Kingspan Group plc

 

Acquisition Update

 

5 January 2024

 

Kingspan Group plc ("Kingspan") announces completion of the acquisition of a
majority stake in Steico SE

Further to its announcements on 17 July 2023 (RNS No. 2908G) and 17 November
2023 (RNS No. 8832T) Kingspan, the global leader in high-performance
insulation and building envelope solutions, is pleased to announce that it has
today completed the acquisition of a majority stake (c. 51%) in Steico SE
from Schramek GmbH.

 

Arising from the transaction, Kingspan has issued 1,004,960 shares to Schramek
GmbH.

 

There are no significant matters or changes which would require to be
announced in accordance with Listing Rule 10.4.2.

 

 

For further information contact:

 

 Kingspan                               +353 42 9698000

 Lorcan Dowd, Group Company Secretary

 Murray Consultants                     +353 1 4980300

 Pat Walsh

 

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