SigmaRoc PLC Completion of Johnston Quarry Group Acquisition (2328A)

TIDMSRC

RNS Number : 2328A

SigmaRoc PLC

01 February 2022

1 February 2022

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

SIGMAROC PLC

(' SigmaRoc' , the 'Group' or the 'Company')

Completion of Johnston Quarry Group Acquisition

SigmaRoc (AIM: SRC), the AIM quoted quarried materials group is pleased to announce, further to its announcement of 4 January 2022, that it has completed the acquisition of Johnston Quarry Group Limited ('JQG'). JQG is a high-quality producer of construction aggregates, building stone and agricultural lime across eight sites in England.

Together with G.D. Harries, a subsidiary of the Company operating six quarries in Wales, JQG will expand SigmaRoc's offering of construction materials and agricultural lime to service customers in England and Wales. The expansion of the Group's product offering and geographical reach will benefit both companies, as well as the Group's Precast Products Group ('PPG') platform.

Max Vermorken, CEO of SigmaRoc, commented:

'We are pleased to close the acquisition of Johnston Quarry Group and to formally welcome its 69 staff to the SigmaRoc Group. As with every business we have bought to date, we aim to see it flourish, by respecting its history, its people and building on its strengths. The expanded offering across Southern England and Wales and interaction with the Group's PPG platform will deliver further synergies and growth.'

Information on the Company is available on its website, www.sigmaroc.com .

 
 SigmaRoc plc                                     Tel: +44 (0) 207 
  Max Vermorken                                    002 1080 
 Strand Hanson Limited (Nominated and Financial   Tel: +44(0) 207 409 
  Adviser)                                         3494 
  James Spinney / James Dance / Rob Patrick 
 Liberum Capital (Co-Broker)                      Tel: +44 (0) 203 
  Neil Patel / Jamie Richards / Ben Cryer          100 2000 
 Peel Hunt (Co-Broker)                            Tel: +44 (0) 20 7418 
  Mike Bell / Ed Allsopp                           8900 
 Investor Relations                               Tel: +44 (0) 207 
  Dean Masefield / Florian Werner                  002 1080 
                                                   ir@sigmaroc.com

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