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Builders Merchants News - Three more BMF net zero carbon Business Champions announced
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H I G Buys Travis Perkins Plumbing and Heating
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15 April 2021 | 07:56am
StockMarketWire.com - Travis Perkins has reported an encouraging start to the year , as like-for-like sales grew 17.4%.
It has also seen good like-for-like growth in Merchanting and P&H, up 15.5% and 11.4% respectively, underpinned by sales retention from the 2020 restructuring programme, and continued acceleration of Toolstation growth with like-for-like sales up 42.0%,
There has been ongoing strong performance in Wickes with like-for-like sales up 19.7% and the Wickes demerger is due to complete with trading in Wickes shares commencing on 28 April.
Travis Perkins share consolidation will be effective following market close on 28 April, with trading in new Travis Perkins shares commencing on 29 April.
This announcement does not constitute an offer or invitation to sell or issue, or a solicitation of an offer or invitation to purchase or subscribe for any securities in any jurisdiction nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with any contract therefor.
In particular, this announcement does not constitute an offer or invitation to sell or issue, or a solicitation of an offer or invitation to purchase or subscribe for, any securities in the United States. The shares of Wickes have not been, and will not be, registered under the US Securities Act of 1933, as amended (the US Securities Act ), and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act, and in compliance with any applicable State or local securities laws. There will be no public offer of the shares of Wickes in the
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