Flowgroup plc Statement re share price movement (8884O)

TIDMFLOW

RNS Number : 8884O

Flowgroup plc

22 May 2018

Flowgroup plc

("Flow" or the "Company")

Statement re share price movement

The board of Flowgroup notes the recent rise in its share price and confirms that it knows of no reason for this rise. Further to its announcement dated 10 April 2018 and following the recent completion of the sale of Flow Energy Limited ("FEL"), it remains the case that under all foreseeable scenarios following completion of the sale of FEL, the distribution to shareholders is expected to be GBPnil.

Enquiries:

 
Flowgroup plc 
 Alan Lovell, Chairman 
 Nigel Canham, Chief Financial Officer 
 Cenkos Securities plc (Nominated adviser   +44 (0)20 3817 
 and broker)                                 3637 
 Stephen Keys / Mark Connelly / Callum       +44 (0)20 7397 
 Davidson (Corporate Finance)                8900 
 Walbrook PR Ltd (Financial PR advisers)     +44 (0)20 7933 
 Paul McManus / Nick Rome                    8780

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END

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May 22, 2018 06:40 ET (10:40 GMT)

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