Business

Sale of Paladin for US$17.3m

Sale of Paladin for US$17.3m.

articleJames Fisher And Sons PlcJuly 1, 20215/company/james-fisher-and-sons-plc/news/sale-of-paladin-for-usdollar173m
Sale of Paladin for US$17.3m

About this update from James Fisher And Sons Plc

[{"type":"text","content":"\n \n \n \n RNS Number : 7522D\n Fisher (James) & Sons plc\n 01 July 2021\n  \n \n \n \n 1 July 2021\n \n \n  \n \n \n James Fisher and Sons plc\n \n \n Sale of Paladin for US$17.3m\n \n \n  \n \n \n James Fisher and Sons plc (\"James Fisher\" or the \"Group\"), the leading marine services provider, announces the sale of Paladin, one of its two Dive Support Vessels, for US$17.3 million to Seamec Ltd. \n \n \n  \n \n \n This announcement is in line with the Group's newly stated capital allocation policy to reduce leverage, in the short term, through the sale of non-core assets.\n \n \n  \n \n \n  \n \n \n Contacts\n \n \n  \n \n \n \n \n \n \n James Fisher and Sons plc\n \n  \n \n \n \n \n Eoghan O'Lionaird, Chief Executive Officer\n \n \n Duncan Kennedy, Chief Financial Officer\n \n \n  \n \n \n \n \n 01229 615 400\n \n \n \n \n \n \n FTI Consulting\n \n \n  \n \n \n \n \n Richard Mountain / Susanne Yule\n \n \n  \n \n \n \n \n 020 3727 1000\n \n \n \n \n \n \n  \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.\n   END\n  \n  DISSDUESSEFSEIM\n ","length":4574,"tagName":"div"}]

More updates from James Fisher And Sons Plc