Sector Reclassification

RNS Number : 6814Q

Acal PLC

14 September 2017

 

For Release

7.00am, 14 September 2017    

Acal plc

FTSE ICB Reclassification

Acal plc (LSE: ACL, "Acal" or the "Group"), a leading international supplier of customised electronics to industry will be reclassified from the Support Services sector to the Electronic and Electrical Equipment sector, with effect from 18 September 2017.

This reclassification reflects Acal's successful transformation over recent years, from a distribution company to an international designer, manufacturer and supplier of custom electronics including the acquisition of 13 businesses and five non-core disposals.

For further information, please contact:

Acal plc                                                                01483 544 500

Nick Jefferies          - Group Chief Executive          

Simon Gibbins        - Group Finance Director

Instinctif Partners                                                 0207 457 2020

Mark Garraway

Helen Tarbet

James Gray           

Notes to Editors:

About Acal plc

Acal is a leading international supplier of customised electronics to industry. It designs, manufactures and distributes customer-specific electronic products and solutions to 25,000 industrial manufacturers. Acal is listed on the London Stock Exchange (LSE: ACL).

Acal has two divisions: Design & Manufacturing and Custom Distribution. The majority of its sales come from products and solutions which are created specifically for customers. Acal works across a range of technologies, namely Communications & Sensors, Power & Magnetics, Electromechanical & Cabling, Microsystems, and Imaging & Photonics. 

Acal operates through the following wholly-owned businesses:  Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel, Plitron, RSG, Stortech, Variohm and Vertec. It has operating companies and manufacturing facilities in a number of markets including the UK, Germany, France, the Nordic region, Benelux, Italy, Poland and Slovakia as well as in Asia (China, India, South Korea, Sri Lanka and Thailand), North America (the US and Canada) and South Africa.

 

END

 

 

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