TIDMAMBR

RNS Number : 4844M

Ambrian PLC

31 July 2017

Ambrian plc

("Ambrian" or the "Company")

Operational Update

Further to previous announcements regarding the run-down of the Company's metals trading business, the board of directors of Ambrian (the "Board") can now confirm that this process is complete, with all trades having been wound down in an orderly manner and staff within that operation now made redundant.

The Board is currently assessing a number of strategic options with regards to its cement operation in Mozambique ("Cimentos da Beira") and has appointed Verdant Capital, an African corporate finance specialist, to assist it in that process.

Further announcements will be made in due course.

Enquiries

 
 Ambrian plc 
 Roger Clegg              + 44 (0)20 7634 4785 
 
 
 
 Cenkos Securities plc 
 Neil McDonald            + 44 (0)20 7397 8900 
 Nick Tulloch

This announcement contains inside information.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 31, 2017 02:00 ET (06:00 GMT)

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