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Johnson Matthey Plc noted a letter published by Standard Investments on December 16, 2024. The company also stated it has engaged in dialogue with Standard Investments since Standard Investments became a shareholder.
| Date | 16 Dec 2024 |
| Time | 13:13:08 |
| Category | Corporate updates |
| ID | 2640Q |
16th December 2024
Johnson Matthey Plc
(the Company)
Response to letter from Standard Investments
Johnson Matthey Plc ("JM") notes the letter published by Standard Investments on 16th December 2024.
The Board of JM welcomes constructive input from all shareholders, and accordingly has had a dialogue with Standard Investments since it became a shareholder.
The Board and management team are resolute in their focus on improving JM's share price performance and recognise the need to restore shareholder returns. JM is fully committed to driving enhanced performance, higher cash flow and stronger capital discipline. JM is making progress in a challenging market environment through delivery of a comprehensive transformation strategy and will continue to adapt this strategy to the evolving market situation.
A further update will be provided as appropriate.
ENDS
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Enquiries:
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Investor Relations Martin Dunwoodie Louise Curran |
Director of Investor Relations Head of Investor Relations |
+44 20 7269 8241 +44 20 7269 8235 |
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Media Sinead Keller Harry Cameron |
Group External Relations Director Teneo |
+44 20 7269 8218 +44 7799 152148 |
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Johnson Matthey Plc is listed on the London Stock Exchange (JMAT)
Registered in England & Wales number: 00033774
Legal Entity Identifier number: 2138001AVBSD1HSC6Z10