Scapa Group PLC Acquisition (5953C)
October 02 2018 - 2:00AM
UK Regulatory
TIDMSCPA
RNS Number : 5953C
Scapa Group PLC
02 October 2018
2 October 2018
LEI No. 213800QIPVTK5ES5UU36
Scapa Group plc ("Scapa" or "the Group")
Completion of Acquisition of Systagenix Advanced Wound Dressing
Facility in Gargrave
Entering a 5-year exclusive manufacturing and supply
agreement
Further to the announcement made on 13 September 2018, Scapa
Group plc (AIM: SCPA) is pleased to announce that its acquisition
of the share capital of Systagenix Wound Management Manufacturing
Limited completed on 1 October 2018. In addition, Scapa and Acelity
have now entered into the exclusive five-year manufacturing and
supply agreement for Systagenix advanced wound care products that
are currently manufactured in the Gargrave facility, with immediate
effect.
For further information:
Scapa Group plc
Heejae Chae - Group Chief Executive
Oskar Zahn - Chief Financial Officer 0161 301 7430
Numis Securities Limited
(Nominated Adviser and Joint Broker)
Richard Thomas/Mark Lander 020 7260 1000
Berenberg
(Joint Broker) 020 3207 7800
Chris Bowman
Weber Shandwick Financial PR
Nick Oborne 020 7067 0000
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END
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