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RNS Number : 3127N Senior PLC 31 December 2025
Senior plc
Completion of sale of Aerostructures business
Further to the announcement on 18 July 2025, Senior plc ("Senior" or the
"Company") is pleased to announce that it has completed the sale of its
Aerostructures business to Sullivan Street Partners (the "Transaction").
As previously announced, and consistent with its capital allocation policy,
the Company will use the initial net cash proceeds of the Transaction to
reduce net debt and fund a £40m share buyback programme. The share buyback
programme is expected to commence following completion of the closed period
upon the announcement of the Company's full year results on 2 March 2026.
For the purposes of UK Listing Rule 7.3.3, Senior confirms that there has been
no material change affecting any matter contained in the Company's
announcement on 18 July 2025.
Enquiries
Senior plc
Alpna Amar, Group Chief Financial Officer +44 (0)1923 714 725
Lazard (Financial Adviser to Senior plc)
Richard Shaw and James Cliffe +44 (0)207 187 2000
FGS Global (Financial PR)
Richard Webster-Smith +44 (0)7796 708 551
About Senior
Senior is a FTSE 250 international engineering and manufacturing Group with
operations in 10 countries. It is listed on the main market of the London
Stock Exchange (symbol SNR). Senior's Purpose is "we help engineer the
transition to a sustainable world for the benefit of all our stakeholders".
Senior designs and manufactures high technology components and systems for the
principal original equipment producers in the worldwide aerospace &
defence, land vehicle and power & energy markets. Further information on
Senior plc may be found at: www.seniorplc.com (http://www.seniorplc.com)
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