James Fisher And Sons PlcLSE: FSJ

Sale of Paladin for US$17.3m

· Issued by James Fisher And Sons Plc
Watch James Fisher And Sons explain itFISHER (JAMES) & SONS PLC (FSJ) — Half year results for the six months ended 30 June 2026 · Replay · Sep 8
RNS Number : 7522D
Fisher (James) & Sons plc
01 July 2021
 

1 July 2021

James Fisher and Sons plc

Sale of Paladin for US$17.3m

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.

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.

Contacts

James Fisher and Sons plc

Eoghan O'Lionaird, Chief Executive Officer

Duncan Kennedy, Chief Financial Officer

01229 615 400

FTI Consulting

Richard Mountain / Susanne Yule

020 3727 1000

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 rns@lseg.com 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.
 
END
 
 
DISSDUESSEFSEIM