By Iain Gilbert
Date: Tuesday 01 Dec 2020
LONDON (ShareCast) - (Sharecast News) - Construction materials manufacturer Brickability acquired West Midlands-based radiator valves distributor Bathroom Barn on Tuesday for £645,000.
Brickability will make an initial payment of £322,500 for Bathroom Barn, which will be integrated into its Towelrads business going forward, with a deferred consideration of £322,500 split in three equal tranches payable in cash over the next three years.
The AIM-listed group added that the acquisition would be funded from existing resources and was expected to be immediately earnings accretive post-completion.
Chief executive Alan Simpson said: "Bathroom Barn is a perfect partner for our highly successful Towelrads business and adds significantly to our product offering in this area."
As of 1020 GMT, Brickability shares were down 2.26% at 54.0p.
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Currency | UK Pounds |
Share Price | 67.33p |
Change Today | -0.17p |
% Change | -0.25 % |
52 Week High | 76.40 |
52 Week Low | 43.25 |
Volume | 48,185 |
Shares Issued | 319.50m |
Market Cap | £215.13m |
RiskGrade | 191 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Interim | Final | |
Ex-Div | 25-Jan-24 | 24-Aug-23 |
Paid | 22-Feb-24 | 21-Sep-23 |
Amount | 1.07p | 2.15p |
Time | Volume / Share Price |
11:32 | 10,285 @ 68.00p |
11:30 | 226 @ 67.99p |
11:07 | 4,000 @ 67.99p |
10:54 | 20,000 @ 67.79p |
10:38 | 1,174 @ 67.99p |
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