REG - Safestyle UK PLC - Comment re: trade speculation

Safestyle UKAnnouncement

19/10/2018 07:05

RNS Number : 5788E
Safestyle UK PLC
19 October 2018
 


19 October 2018
 
Safestyle UK plc
 
Comment re: trade speculation
 
The Board of Safestyle UK plc ("Safestyle") has become aware of certain rumours in the market and confirms that it is not in discussions to acquire NIAMAC Developments Ltd (trading as SafeGlaze UK) ("NIAMAC") nor to acquire its business or assets.  The Board of Safestyle is however considering certain other arrangements with key stakeholders in NIAMAC that could benefit Safestyle's business and accelerate its recovery.  
 
There can be no certainty that any formal arrangement will be entered into.  A further announcement will be made in due course, as appropriate.
 
Enquiries:
 




Safestyle UK plc


via FTI Consulting




Mike Gallacher, Chief Executive Officer


 




Rob Neale, Chief Financial Officer


 




 


 




Zeus Capital (Nominated Adviser & Joint Broker)


Tel: 0203 829 5000




Nick How / Dominic King


 




 


 




Liberum Capital Limited (Joint Broker)


Tel: 0203 100 2100




Neil Patel / Jamie Richards


 




 


 




FTI Consulting (Financial PR)


Tel: 0203 727 1000




Alex Beagley / James Styles / Laura Saraby


 




 


 




 
About Safestyle UK plc
 
The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.
 
 
 




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