REG - Kingspan Group PLC Kingspan Group - KGP - KINGSPAN WELCOMES REPORT PUBLICATION

KingspanAnnouncement

04/09/2024 11:00

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RNS Number : 8916C  Kingspan Group PLC  04 September 2024

KINGSPAN WELCOMES REPORT PUBLICATION

Kingspan Group plc ("Kingspan") today welcomes the publication of the Grenfell
Tower Inquiry Phase 2 Report which is crucial to a public understanding of
what went wrong and why.

The report explains clearly and unambiguously that the type of insulation
(whether combustible or non-combustible) was immaterial, and that the
principal reason for the fire spread was the PE ACM cladding, which was not
made by Kingspan.

Kingspan has long acknowledged the wholly unacceptable historical failings
that occurred in part of our UK insulation business. These were in no way
reflective of how we conduct ourselves as a Group, then or now. While deeply
regrettable, they were not found to be causative of the tragedy.

Kingspan has already emphatically addressed these issues, including the
implementation of extensive and externally-verified measures to ensure our
conduct and compliance standards are world leading.

We remain committed to playing a leading role in providing safe and
sustainable building solutions, including continuing to work with government
and industry partners.

 

For further information contact:

 

 Kingspan                               +353 42 9698000

 Lorcan Dowd, Group Company Secretary

 Murray Consultants                     +353 1 4980300

 Pat Walsh

 

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