SIG PLC Response to press speculation
10 Octubre 2024 - 1:43AM
RNS Regulatory News
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
Ian Ashton
|
Chief Executive Officer
Chief Financial Officer
|
|
Sarah Ogilvie
|
Head of Investor Relations
|
|
|
|
|
FTI
Consulting
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+44 (0) 20
3727 1340
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Richard Mountain
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|
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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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END
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