StockMarketWire.com - Construction materials group SigmaRoc said it had issued £12m worth of shares to part fund its acquisition of CCP Building Products.

New shares in the company were issued at 41p each to the current owners of CCP.

The vendors would receive an initial payment of £15.2m, satisfied by the issue of the placing shares, another 4.9m SigmaRoc shares and the remainder in cash.

They had agreed not to sell the consideration shares for a period of 36 months, subject to certain customary exceptions and subject to waiver by the company. At 1:44pm: [LON:SRC] SigmaRoc Plc share price was -0.1p at 41.5p



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