RCS - Senior PLC - Aerostructures sale; confirmation of share buyback

SeniorAnnouncement

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RNS Number : 6221N  Senior PLC  05 January 2026

PRESS RELEASE

Sale of Aerostructures business and confirmation of share buyback programme

5 January 2026

Senior plc ("Senior" or the "Group"), an international manufacturer of high
technology components and systems, is pleased to announce that it completed
the sale of its Aerostructures business to Sullivan Street Partners on 31
December 2025 (the "Transaction"), marking a significant milestone in the
delivery of the Group's strategy to become a leading global fluid conveyance
and thermal management company.

As previously announced, and consistent with its capital allocation policy,
Senior 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 Senior's full year results on 2 March 2026.

David Squires, Chief Executive of Senior, commented:

"The completion of this transaction marks a pivotal moment for Senior as we
deliver on our strategy to become a market-leading fluid conveyance and
thermal management business, supplying highly engineered products and systems
to blue chip customers in diverse and attractive growth markets with high
barriers to entry."

"Senior is well positioned to deliver above-market growth, increasing margins,
and enhanced returns on capital with strong operating cash flow generation.
 We remain confident in our ability to create sustainable long-term value for
our shareholders as we execute against our strategy."

Further information

 Tom Bindloss           Senior plc                 +44 (0) 1923 714 743
 Richard Webster-Smith  FGS Global (Financial PR)  +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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