REG - SIG PLC - Response to press speculation

SIGAnnouncement

10/10/2024 07:45

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RNS Number : 6907H  SIG PLC  10 October 2024

10 October 2024

 

SIG plc: Response to press speculation

 

SIG plc ("SIG", or "the Company" or "the Group") notes recent speculation in a
press article regarding the potential refinancing of its €300m bond, which
is due to mature in November 2026.

 

As indicated in the Company's recent trading update on 2 October 2024, the
Board has continued its evaluation of the optimal approach to the refinancing
of the Group's debt facilities ahead of their maturity dates.

 

In this regard, SIG is exploring a potential tender offer for its existing
bonds, to be financed from the proceeds of a new bond issuance. There is no
certainty that either transaction will be concluded, nor as to their terms.

 

The Company will make a further announcement as and when appropriate.

 

 

Contacts

 SIG plc                                       +44 (0) 114 285 6300 / ir@sigplc.com
 Gavin Slark       Chief Executive Officer

 Ian Ashton        Chief Financial Officer
 Sarah Ogilvie     Head of Investor Relations

 FTI Consulting                                +44 (0) 20 3727 1340
 Richard Mountain

LEI: 213800VDC1BKJEZ8PV53

 

This announcement contains inside information for the purposes of UK MAR.
The person responsible for arranging the release of this announcement on
behalf of SIG is Andrew Watkins, Group General Counsel & Company
Secretary.

 

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