Safestyle UK plc Denies acquisition rumours

The Board of Safestyle UK plc (LON:SFE) announced today that it has become aware of certain rumours in the market and confirms that it is not in discussions to acquire NIAMAC Developments Ltd (trading as SafeGlaze UK) nor to acquire its business or assets. The Board of Safestyle is however considering certain other arrangements with key stakeholders in NIAMAC that could benefit Safestyle’s business and accelerate its recovery.

There can be no certainty that any formal arrangement will be entered into. A further announcement will be made in due course, as appropriate.

Safestyle UK plc is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market.

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