Stirling Industries PLC Change of Registered Office (7898S)
March 13 2019 - 11:30AM
UK Regulatory
TIDMSTRL
RNS Number : 7898S
Stirling Industries PLC
13 March 2019
Stirling Industries plc
("Stirling" or "the Company")
Change of Registered Office
Stirling Industries plc, (AIM: STRL.L) the specialist industrial
investment business, today announces that its Office and the
Registered Addresses for Stirling Industries PLC and Stirling Group
Holdings Ltd have moved to:
Level 1
One Mayfair Place
London, W1J 8AJ
United Kingdom
This change will take effect from Monday 18th March 2019.
- Ends -
For more information contact:
Stirling Industries plc
Blair Illingworth, Chief Executive
c/o Montfort Communications
Numis Securities - Nominated Adviser
and Broker
Luke Bordewich
Ben Stoop +44 (0)20 7260 1000
Montfort Communications - Financial
communications
Olly Scott +44 (0)78 1234 5205
Notes to editors
Stirling (AIM: STRL.L) has been set up to offer a differentiated
management and ownership approach for industrial businesses where
the strategic and operational expertise of its team combines with
that of the company's management to drive and enable improvements
that create long-term shareholder value.
The Company focuses on acquiring businesses with strong
fundamentals and enterprise values between GBP100-GBP750 million.
Transactions will be financed through a combination of new equity
and prudent leverage, with the company's target debt to be no more
than 2.5x the company's EBITDA.
Stirling's approach begins with the belief that many companies
have the potential to achieve material margin improvement and
operational growth. Stirling's value add is to ensure management
have the right strategy, the right focused leadership, empowered
and incentivised management teams and the appropriate capital
investment to support growth.
The Company's leadership team has significant experience of
identifying the key value drivers of a given business, implementing
change strategies across a diverse range of industries and
delivering significant operational value creation.
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.
END
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