SigmaRoc PLC Partnership with Tarmac, a CRH company (9939I)
March 27 2018 - 1:00AM
UK Regulatory
TIDMSRC
RNS Number : 9939I
SigmaRoc PLC
27 March 2018
SigmaRoc plc / EPIC: SRC / Market: AIM / Sector: Construction
Materials
27 March 2018
SigmaRoc plc
('SigmaRoc' or the 'Company')
Partnership with Tarmac, a CRH company
SigmaRoc plc, the buy-and-build construction materials group is
pleased to announce it has entered into a licensing agreement with
Tarmac Trading Limited ('Tarmac'), for the manufacture,
distribution and installation of its Shuttabloc(TM) system.
Shuttabloc(TM), developed by SigmaRoc subsidiary Poundfield
Products Limited ('Poundfield'), is a revolutionary precast
retaining wall with internal reinforcing system and forms part of
Poundfield's offering of innovative offsite solutions. Protected by
a series of patents, the Shuttabloc(TM) system has applications in
the industrial, agricultural and infrastructure sectors.
The partnership entered into with Tarmac is an important next
step in the development of Poundfield products, marrying scale,
capability and client base with innovative product design. Tarmac
will lead the commercialisation, production and installation of the
Shuttabloc(TM) system with initial technical and advisory support
from SigmaRoc and its subsidiary Poundfield.
Max Vermorken, CEO, commented:
"We are very excited to enter into this partnership with Tarmac,
the UK's leading construction materials business. They are by far
the group best placed to ensure the success of a very innovative
retaining wall system. Tarmac will bring the scale and onsite
installation capacity required to take this innovative system to
the next level".
Enquiries:
Tel: +44(0)207 002
SigmaRoc 1080
Max Vermorken, CEO
Strand Hanson (Nominated Tel: +44(0)207 409
and Financial adviser) 3494
James Spinney / James Dance
Tel: +44(0)203 207
Berenberg (Broker) 7800
Ben Wright / Mark Whitmore
/ Laure Fine
TB Cardew (Financial PR Tel: +44(0)207 930
adviser) 0777
Ed Orlebar / Tom Allison
/ Alycia MacAskill sigmaroc@tbcardew.com
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014. Upon the
publication of this announcement via Regulatory Information
Service, this inside information is now considered to be in the
public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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