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SigmaRoc ( (GB:SRC) ) has issued an announcement.
SigmaRoc has announced the purchase of 14,895,581 ordinary shares through its Employee Benefit Trust (EBT) as part of a secondary placing by CRH (UK) Limited. This transaction increases the EBT’s holding to 29,513,668 shares, representing 2.6% of the company’s issued share capital. The move is aimed at supporting employee incentives and reflects SigmaRoc’s commitment to its workforce, potentially enhancing its market position and shareholder value.
More about SigmaRoc
SigmaRoc is a European group focusing on the production of lime and minerals. These materials are vital for sustainable economic transitions, with applications in lithium battery production, construction decarbonization, and environmental solutions. The company invests in fragmented markets, aiming to enhance value through strategic acquisitions and operational efficiencies.
YTD Price Performance: -2.22%
Average Trading Volume: 3,053,601
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £784.9M
For a thorough assessment of SRC stock, go to TipRanks’ Stock Analysis page.
