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MEARS GROUP PLC

M&A Activity Dec 9, 2020

4877_rns_2020-12-09_8bee2413-72c3-48df-8277-fe78ca46a139.html

M&A Activity

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National Storage Mechanism | Additional information

RNS Number : 1164I

Mears Group PLC

09 December 2020

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION.

9 December 2020

Mears Group PLC

("Mears", the "Group", or the "Company)

Completion of disposal of TerraQuest

Further to the Company's announcement on 25 November 2020, Mears is pleased to announce the completion of the disposal of TerraQuest Solutions Limited.

For further information, contact:

Mears Group PLC
David Miles, Chief Executive Officer Tel: +44(0)7778 220 185
Andrew Smith, Finance Director Tel: +44(0)7712 866 461
Alan Long, Executive Director Tel: +44(0)7979 966 453
Joe Thompson, Investor Relations Tel: +44(0)7980 844 580
www.mearsgroup.co.uk
Investec Bank plc

(Sponsor and Financial Adviser to Mears Group PLC)

Daniel Adams

Virginia Bull

Will Fenby
Tel: +44(0)20 7597 5970
Peel Hunt                                                                                                              

(Corporate Broker to Mears Group PLC)

Nicholas How

Ed Allsopp
Tel: +44(0)20 7418 8900

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