Barr(A.G.) PLC Compensation payment (7673F)
November 18 2020 - 9:00AM
UK Regulatory
TIDMBAG
RNS Number : 7673F
Barr(A.G.) PLC
18 November 2020
IMMEDIATE RELEASE 18 November 2020
A.G. BARR p.l.c.
("the Company")
Compensation payment
A.G. BARR p.l.c., which produces and markets some of the UK's
leading drinks brands, confirms that, following the previously
communicated termination of its sale and distribution agreement
with Rockstar Inc., the associated contractual compensation payment
has now been received.
The payment, which amounts to GBP7.6m, will be treated as a
one-off exceptional item in the current financial year
accounts.
Despite continued uncertainty associated with the COVID-19
pandemic the Company continues to trade in line with the most
recent market guidance as communicated at the interim results in
September.
For more information, please contact :
A.G. BARR 0330 390 3900 Instinctif Partners 020 7457 2010/2005
Roger White, Chief Executive Justine Warren
Stuart Lorimer, Finance Director Matthew Smallwood
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END
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