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Ambrian PLC (AMBR)

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Monday 31 July, 2017

Ambrian PLC

Operational Update

RNS Number : 4844M
Ambrian PLC
31 July 2017
 

Ambrian plc

 

("Ambrian" or the "Company")

 

Operational Update

 

Further to previous announcements regarding the run-down of the Company's metals trading business, the board of directors of Ambrian (the "Board") can now confirm that this process is complete, with all trades having been wound down in an orderly manner and staff within that operation now made redundant.

 

The Board is currently assessing a number of strategic options with regards to its cement operation in Mozambique ("Cimentos da Beira") and has appointed Verdant Capital, an African corporate finance specialist, to assist it in that process.

 

Further announcements will be made in due course.

 

Enquiries

 

Ambrian plc


Roger Clegg

+ 44 (0)20 7634 4785







Cenkos Securities plc


Neil McDonald

+ 44 (0)20 7397 8900

Nick Tulloch


  

This announcement contains inside information.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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