SIG plc Announces Proposed Equity Raise of £150m with CD&R Investment

SIG Logo.
Friday, May 29, 2020

SIG plc, a leading supplier of specialist building products and solutions to trade customers across the UK, Ireland and Mainland Europe, with strong positions in its core markets as a specialist distributor of insulation and interiors products and as a merchant of roofing and exteriors products, announces the strengthening of its capital structure including a proposed equity raise of approximately £150m. Funds managed by Clayton, Dubilier & Rice will invest up to £85m in the company as part of the equity raise.

The company-issued press release is available here:
https://otp.tools.investis.com/clients/uk/sig_plc/rns/regulatory-story.aspx?newsid=1393518&cid=296