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IRONVELD PLC

M&A Activity Dec 21, 2022

7719_rns_2022-12-21_191da81d-63d4-4797-9c36-26404be3704a.html

M&A Activity

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National Storage Mechanism | Additional information

RNS Number : 3830K

Ironveld PLC

21 December 2022

Ironveld Plc

("Ironveld" or the "Company")

FCF Acquisition Update

Update on Closing of Acquisition of Ferrochrome Furnaces (Pty) Limited ("FCF")

Further to the announcement dated 9 December 2022 Ironveld can now confirm that all material underlying agreements required by the Debt Purchase Agreement and Share Purchase Agreement have now been agreed and signed. 

The timing of the transaction completion has had no effect on the Company's operations, which continue to progress as planned.

For further information, please contact:

Ironveld plc

Martin Eales, Chief Executive Officer
c/o BlytheRay

020 7138 3204
finnCap (Nomad and Broker)

Christopher Raggett

Charlie Beeson
020 7220 0500
Turner Pope (Joint Broker)

Andy Thacker

James Pope
020 3657 0050
BlytheRay

Megan Ray

Tim Blythe
020 7138 3204

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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