Advanced Glass Technologies sale completion

RNS Number : 2257A

Johnson Matthey PLC

01 February 2022

 

1^st February 2022

Johnson Matthey Plc

(the Company)

Johnson Matthey announces completion of Advanced Glass Technologies sale

Further to the announcement on 24^th November 2021, Johnson Matthey plc ("JM") is pleased to announce that it has completed the sale of its Advanced Glass Technologies business in accordance with the terms of the sale agreement entered into between JM and Fenzi Holdings SPV S.p.A for £178 million on a cash free, debt free basis. The transaction completes following the fulfilment of the works council consultation in the Netherlands and satisfaction of customary completion conditions.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers' products. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet's natural resources. Today more than 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. For more information, visit www.matthey.com

ENDS

Enquiries:
Investor Relations Martin Dunwoodie Louise Curran Carla Fabiano	Director of Investor Relations Senior Investor Relations Manager Senior Investor Relations Manager	[phone] [phone] [phone]
Media Barney Wyld Harry Cameron	Group Corporate Affairs Director Tulchan Communications	[phone] [phone]

Johnson Matthey Plc is listed on the London Stock Exchange (JMAT)

Registered in England & Wales number: 00033774
Legal Entity Identifier number: 2138001AVBSD1HSC6Z10

 

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