12 March 2024
Brickability Group plc
("Brickability" or the "Group")
AIM Rule 17 Disclosure
Brickability Group plc (AIM: BRCK), the leading construction materials distributor, announces the following information in accordance with Schedule Two, paragraph (g) of the AIM Rules for Companies.
Susan McErlain, a Non-Director of the Group, resigned as a Non-Executive Director of Trackwise Designs plc ("Trackwise") on 9 January 2023. Subsequently, Trackwise was placed into administration.
Whilst Trackwise administration proceeding remain ongoing it is currently estimated, as disclosed in the most recent Notice of Administrator's Progress Report dated 26 February 2024, that there will be insufficient funds available to pay Trackwise's unsecured creditors in full.
For further information please contact:
Brickability Group plc John Richards, Chairman Alan Simpson, Chief Executive Officer Mike Gant, Chief Financial Officer |
via Montfort Communications |
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Cavendish Capital Markets (Nominated Adviser and Broker) Ben Jeynes, George Lawson (Corporate Finance) Julian Morse, Michael Johnson, Charlie Combe (Sales & ECM) |
+44 (0) 207 220 0500 |
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Montfort Communications James Olley Ella Henderson |
+44 (0) 203 514 0897 |
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About Brickability
Brickability is a leading construction materials distributor, serving customers across the UK and Europe for over 37 years through its national and local networks. The Group operates from more than 70 locations across the country with over 700 employees.