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Stirling Industries (STRL)

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Wednesday 13 March, 2019

Stirling Industries

Change of Registered Office

RNS Number : 7898S
Stirling Industries PLC
13 March 2019
 

Stirling Industries plc

 

("Stirling" or "the Company")

 

 

Change of Registered Office

 

 

Stirling Industries plc, (AIM: STRL.L) the specialist industrial investment business, today announces that its Office and the Registered Addresses for Stirling Industries PLC and Stirling Group Holdings Ltd have moved to:

 

 

Level 1

One Mayfair Place

London, W1J 8AJ

United Kingdom

 

This change will take effect from Monday 18th March 2019.

 

- Ends -

 

For more information contact:

 

Stirling Industries plc
Blair Illingworth, Chief Executive

c/o Montfort Communications

 


Numis Securities - Nominated Adviser and Broker
Luke Bordewich

Ben Stoop

 

+44 (0)20 7260 1000

Montfort Communications - Financial communications

Olly Scott

 

 

+44 (0)78 1234 5205

 

 

 

Notes to editors

 

Stirling (AIM: STRL.L) has been set up to offer a differentiated management and ownership approach for industrial businesses where the strategic and operational expertise of its team combines with that of the company's management to drive and enable improvements that create long-term shareholder value.

 

The Company focuses on acquiring businesses with strong fundamentals and enterprise values between £100-£750 million. Transactions will be financed through a combination of new equity and prudent leverage, with the company's target debt to be no more than 2.5x the company's EBITDA.

 

Stirling's approach begins with the belief that many companies have the potential to achieve material margin improvement and operational growth. Stirling's value add is to ensure management have the right strategy, the right focused leadership, empowered and incentivised management teams and the appropriate capital investment to support growth.

 

The Company's leadership team has significant experience of identifying the key value drivers of a given business, implementing change strategies across a diverse range of industries and delivering significant operational value creation.

 


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 [email protected] or visit www.rns.com.
 
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