Major Shareholder Notification

RNS Number : 9400D

Brickability Group PLC

24 February 2020

 

Brickability Group plc

("Brickability" or the "Company")

Major Shareholder Notification

Brickability Group plc, a leading construction materials distributor, has been today notified that on 24 February 2020, Promethean UK Opportunities Fund II LP acting by its general partner, 19 Street (GP) Limited ("Promethean"), has sold 28,987,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") representing 12.6 per cent. of the issued share capital.  Following this transaction, Promethean no longer has an interest in Ordinary Shares in the Company.

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Enquiries

Brickability Group plc Alan Simpson, Chief Executive Officer Stuart Overend, Chief Financial Officer c/o Montfort Communications
Cenkos Securities plc (Nominated adviser and broker) Max Hartley / Max Gould (Nomad) Julian Morse (Sales)	[phone]
Montfort Communications James Olley Woolf Thomson Jones	[phone]

About Brickability

Brickability is a leading construction materials distributor, serving customers across the UK for over 25 years through its mainstream and local networks. The Company supplies over 300m bricks annually and already has 25 sites and sales offices, employing approximately 225 people throughout the UK. Across its three divisions, the Group supplies bricks, roofing, heating, flooring, doors and windows to meet UK housebuilder demand.

 

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