REG - SigmaRoc PLC - Update in relation to the AMeLi project

SigmarocAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250916:nRSP4236Za&default-theme=true

RNS Number : 4236Z  SigmaRoc PLC  16 September 2025

16 September 2025

 

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

 

SIGMAROC PLC

 ('SigmaRoc' , the 'Group' or the 'Company')

 

 Update in relation to the AMeLi project - Potential green lime production in
Dunkirk

 

In September 2022, SigmaRoc announced that it had entered into a joint venture
agreement with ArcelorMittal to develop three new net-zero CO(2) lime kilns
(the "AMeLi JV"), adding to SigmaRoc's current network of c.70 kilns. However,
it has been informed by its partner ArcelorMittal of its material concerns as
to the timely execution of the project, including obtaining the necessary
French building permits, and that ArcelorMittal will therefore need to step
back from the project.

To date, SigmaRoc has only provided minimal funding to the AMeLi JV in order
to progress the necessary planning approval.

The AMeLi JV was not expected to commence before Q3-2027, with no material
implications on the Group's near-term financial forecasts, medium term targets
or CO(2) ambitions.

As set out in the Interim Results Announcement on 8 September 2025, the
Board's expectations for the year remain unchanged and in line with consensus
including its commitment to the delivery of synergies in the Group before
2027.

Information on the Company is available on its website, www.sigmaroc.com
(http://www.sigmaroc.com) .

 

For further information, please contact:

 SigmaRoc plc                                Tel: +44 (0) 207 002 1080

 Max Vermorken (Chief Executive Officer)

 Jan Van Beek (Chief Financial Officer)      ir@sigmaroc.com (mailto:ir@sigmaroc.com)

 Tom Jenkins (Head of Investor Relations)

 Panmure Liberum (Nomad and Co-Broker)       Tel: +44 (0) 203 100 2000

 Scott Mathieson / John More / Dru Danford

 Deutsche Numis (Co-Broker)                  Tel: +44 (0) 20 7260 1000

 Richard Thomas / Hannah Boros

 

 

About SigmaRoc

 

SigmaRoc is a quoted European lime and minerals Group.

 

Lime and limestone are key resources in the transition to a more sustainable
economy. New applications for lime and limestone products as part of a drive
for sustainability include the production and recycling of lithium batteries,
the decarbonisation of construction including through substitution of
cementitious material and new building materials, and environmental
applications including lake liming, air pollution and direct air capture.

 

SigmaRoc invests in and acquires businesses in the lime and minerals sector.
The principal activity of the Group is the production of lime and minerals
products. The Group's aim is to create value for shareholders through the
successful execution of its strategy in the lime and minerals sector.

 

SigmaRoc seeks to create value by purchasing assets in fragmented markets and
extracting efficiencies through active management and by forming the assets
into larger groups. It seeks to de- risk its investments through the selection
of projects with strong asset backing. The Group seeks to implement
operational efficiencies that improve safety, enhance productivity, increase
profitability and ultimately create value for Shareholders.

 

 

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  UPDUVUARVUUKAUR