Braime Group PLC Roof Works on Hunslet Road Site
January 17 2025 - 2:00AM
RNS Regulatory News
RNS Number : 6745T
Braime Group PLC
17 January 2025
The information contained within this
announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014 (MAR) as in force in the United Kingdom pursuant to
the European Union (Withdrawal) Act 2018. Upon the publication of
this announcement via Regulatory Information Service (RIS), this
inside information will be in the public domain.
Braime Group
PLC
("Braime" or the "Company" and
together with its subsidiaries the "Group")
Roof Works on Hunslet Road
Site
The Company will shortly be embarking
on the replacement of the main roof of its factory and group
headquarters in Leeds. This is necessary given its
age.
To deliver these works, the Company
has today executed a contract with NU Construction for a contract
sum of £1.828m. The works will commence in February 2025. It
is intended that this will be financed by taking up a bank
loan, as agreed in principle with the Company's bank. A further
announcement will be made when the bank loan documentation is
executed.
Further updates will be provided in
due course as appropriate.
For
further information please contact:
Nicholas Braime/Cielo Cartwright
0113
245 7491
Zeus
Capital Limited
Katy
Mitchell
0113
394 6628
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END
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