Change of Adviser
August 10 2010 - 1:00AM
UK Regulatory
TIDMSTT
RNS Number : 7920Q
Straight PLC
10 August 2010
Date: 10 August 2010
On behalf of: Straight plc ("Straight" or "the Group")
Straight plc
Change of Adviser
Straight plc, the Environmental Products and Services Group, is pleased to
announce that it has appointed Cenkos Securities plc as Nominated Adviser and
Broker to the Group with immediate effect.
The Board would like to thank Panmure Gordon & Co for its support over the last
five years.
-Ends-
For further information please contact:
+----------------------------------------+----------------------+
| Straight plc | |
+----------------------------------------+----------------------+
| Jim Mellor, Finance Director | 0113 245 2244 |
+----------------------------------------+----------------------+
| | |
+----------------------------------------+----------------------+
| Cenkos Securities plc | |
+----------------------------------------+----------------------+
| Ivonne CantĂș/Christian Hobart | 0207 397 8900 |
+----------------------------------------+----------------------+
| | |
+----------------------------------------+----------------------+
| Redleaf Communications | |
+----------------------------------------+----------------------+
| Paul Dulieu / Mike Ward | 0207 566 6709 |
+----------------------------------------+----------------------+
Notes to Editors
* Straight plc is the UK's leading supplier of specialist kerbside recycling
containers as well as a key supplier of a broad range of waste and recycling
container solutions. Founded in 1993 by the current Chief Executive, Jonathan
Straight, the business has since supplied more than 12 million kerbside
recycling boxes to local authorities across the UK, securing its position as the
industry leader.
* In 2005, Straight acquired Blackwall Limited, the UK's largest supplier of
home composters and water butts. Through the Blackwall brand, Straight has
delivered more than 3.5 million compost bins and water butts.
* The business operates through two divisions. The core Trade Business supplying
products in bulk to local authorities, utilities, the waste industry, retailers
and other businesses and the Retail Business supplying a range of proprietary
environmentally friendly consumer products directly to the public, often in
partnership with a local authority or a utility.
* Straight operates a radical business model with all manufacture outsourced on
an international basis. Most production is local to the end market keeping
freight movements and associated emissions to a minimum.
* In February 2009, Straight added to its portfolio with the acquisition of
Harcostar Garden Products, a long established premium brand consisting of water
butts, compost bins, watering cans and accessories. This has gained new
distribution channels for the business in the UK and in Europe.
* In March 2010, Straight acquired the business and certain assets relating to
the UK manufacturing operations of Helesi plc, providing the Group with a
proprietary wheeled bin range for the first time.
* Straight plc has established diverse overseas sales channels and is now
producing and selling water butts in Australia and North America.
* Further information about the company and its products can be found at:
www.straight.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
APPEASPNESSEEFF
Straight Plc (LSE:STT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Straight Plc (LSE:STT)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Straight (London Stock Exchange): 0 recent articles
More Straight News Articles