Sterling Retail Bonds

RNS Number : 9147I

Grafton Group PLC

09 July 2013

 



Grafton Group plc

Sterling Retail Bonds

9 July 2013

Grafton Group plc ("Grafton"), the builders merchanting and DIY Group with operations in the UK, Ireland and Belgium, announces that the proposed issue of Sterling Retail Bonds by its wholly owned subsidiary Grafton Group Finance plc published on June 24^th has been withdrawn. Interest rate volatility and market uncertainty during the offer period influenced investor sentiment and demand. The Group has therefore decided not to proceed with the issue at this time.

For further information please contact:

Grafton Group plc

Gavin Slark, Chief Executive Officer

Colm ó Nualláin, Finance Director                                                         [phone]                                            

Murray Consultants

Joe Murray                                                                                           [phone]

Smithfield Consultants

Alex Simmons                                                                                      [phone]

 

END

 

 

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