Source - LSE Regulatory
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 |
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