Picture of Senior logo

SNR Senior News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsBalancedMid CapHigh Flyer

REG - Senior PLC - Completion of Aerostructures divestment

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251231:nRSe3127Na&default-theme=true

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)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DISEAEAFDANSFFA



            Copyright 2019 Regulatory News Service, all rights reserved

Recent news on Senior

See all news