Completion of Aerostructures divestment
Senior completes sale of Aerostructures business to Sullivan Street Partners.
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Further to the announcement on 18 July 2025, Senior plc ("Senior" or the "Company") is pleased to announce that it has completed the sale of its Aerostructures business to Sullivan Street Partners (the "Transaction").
As previously announced, and consistent with its capital allocation policy, the Company will use the initial net cash proceeds of the Transaction to reduce net debt and fund a £40m share buyback programme. The share buyback programme is expected to commence following completion of the closed period upon the announcement of the Company's full year results on 2 March 2026.
For the purposes of UK Listing Rule 7.3.3, Senior confirms that there has been no material change affecting any matter contained in the Company's announcement on 18 July 2025.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.