TIDMHILS
RNS Number : 7593B
Hill & Smith Holdings PLC
04 October 2022
4 October 2022
Hill & Smith Holdings PLC
Completion of the sale of France Galva SA
Hill & Smith Holdings PLC is pleased to announce that the
sale of France Galva SA to a consortium comprising ZINQ France SAS
and Sofigalva SAS completed on 4 October 2022.
ENDS
For further information, please contact:
Hill & Smith Holdings PLC Tel: +44 (0)121 704 7434
Alan Giddins, Executive Chair
Hannah Nichols, Chief Financial Officer
MHP Communications Tel: +44 (0)20 3128 8613
Andrew Jaques
Rachel Farrington
Catherine Chapman
Rothschild & Co (Financial Adviser and Sponsor to Hill &
Smith) Tel: +44 (0)20 7280 5000
Alistair Allen
Notes to Editors
Hill & Smith Holdings PLC creates sustainable infrastructure
and safe transport through innovation. The Group employs c. 3,700
people worldwide with the majority employed by its autonomous,
agile, customer focussed operating businesses based in the UK, USA,
Australia, India and Sweden. The Group office is in the UK and it
is quoted on the London Stock Exchange (LSE: HILS.L).
The Group's operating businesses are organised into three main
business divisions:
Galvanizing Services: dramatically increasing the sustainability
and maintenance free life of steel products including structural
steel work, lighting, bridges, agricultural and other products for
the industrial and infrastructure markets.
Engineered Solutions: supplying engineered steel and composite
solutions with low embodied energy for a wide range of
infrastructure markets including energy generation and
distribution, marine, rail and housing. The division also supplies
engineered pipe supports for the water, power and liquid natural
gas markets and seismic protection solutions.
Roads & Security: supplying products and services to support
road and highway infrastructure including temporary and permanent
road safety barriers, renewable energy lighting and power
solutions, Intelligent Traffic Solutions, street lighting columns
and bridge parapets. The security portfolio includes hostile
vehicle mitigation solutions, high security fencing and automated
gate solutions.
Forward-Looking Statements
This announcement, oral statements made regarding the Disposal,
and other information published in connection with the Disposal
contain statements which are, or may be deemed to be,
"forward-looking statements". Forward-looking statements are
prospective in nature and are not based on historical facts, but
rather on current expectations and projections about future events
and are therefore subject to risks and uncertainties which could
cause actual results to differ materially from the future results
expressed or implied by the forward-looking statements. Often, but
not always, forward-looking statements can be identified by the use
of forward-looking words such as "plans", "is expected",
"estimates", "forecasts", "believes", or variations of such words
and phrases or statements that certain actions, events or results
"may", "could", "should", "would", or "will" be taken, occur or be
achieved.
Although Hill & Smith believes that the expectations
reflected in such forward-looking statements are reasonable, Hill
& Smith can give no assurance that such expectations will prove
to be correct. There are a number of factors that could cause
actual results and developments to differ materially from those
expressed or implied by such forward-looking statements. These
factors include factors such as future market conditions, currency
fluctuations, the behaviour of other market participants, the
actions of regulators and other factors such as changes in the
political, social and regulatory framework in which Hill &
Smith operates or in economic or technological trends or
conditions. Other unknown or unpredictable factors could cause
actual results to differ materially from those in the
forward-looking statements. Such forward-looking statements should
therefore be construed in the light of such factors.
None of Hill & Smith or any of its associates, directors,
officers or advisers provides any representation, assurance or
guarantee that the occurrence of the events expressed or implied in
any forward-looking statements in this announcement will actually
occur. You are cautioned not to place undue reliance on these
forward-looking statements. Other than in accordance with their
legal or regulatory obligations (including under the Listing Rules
and the Disclosure Guidance and Transparency Rules of the FCA, and
the Market Abuse Regulation), Hill & Smith is under no
obligation, and Hill & Smith expressly disclaims any intention
or obligation, to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Important information relating to the financial adviser and
sponsor
N.M. Rothschild & Sons Limited ("Rothschild & Co"),
which is authorised and regulated by the Financial Conduct
Authority in the United Kingdom, is acting exclusively for Hill
& Smith and no one else in connection with the matters
described in this announcement and will not be responsible to
anyone other than Hill & Smith for providing the protections
afforded to clients of Rothschild & Co nor for providing advice
in connection with any matter referred to herein. Neither
Rothschild & Co nor any of its affiliates (nor their respective
directors, officers, employees or agents) owes or accepts any duty,
liability or responsibility whatsoever (whether direct or indirect,
whether in contract, in tort, under statute or otherwise) to any
person who is not a client of Rothschild & Co in connection
with this announcement, any statement contained herein or
otherwise.
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DISMIBITMTIMBAT
(END) Dow Jones Newswires
October 04, 2022 10:50 ET (14:50 GMT)
Hill & Smith (AQSE:HILS.GB)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Hill & Smith (AQSE:HILS.GB)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024