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| Date | 1 Mar 2024 |
| Time | 07:00:08 |
| Category | Disposals |
| ID | 0667F |
1 MARCH 2024
SMITHS GROUP PLC ('Smiths')
SMITHS GROUP PLC SELLS 830,000 SHARES IN ICU MEDICAL INC
Smiths Group plc confirms that it has sold 830,000 shares in ICU Medical Inc ('ICU Medical'), representing approximately 3.44% of ICU Medical's issued share capital, and equivalent to approximately 33% of Smiths' holding in ICU Medical. Smiths will receive net proceeds of c.$88.0m (£69.7m) from the sale which will be used for general corporate purposes.
Smiths continues to hold 1,670,000 shares in ICU Medical representing approximately 6.92% of ICU Medical's issued share capital.
Enquiries:
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Investor enquiries |
Media enquiries |
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Siobhán Andrews, Smiths Group +44 (0)7920 230093
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Tom Steiner, Smiths Group +44 (0)7787 415 891 |
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Matthew Whyte Company Secretary +44 (0) 7775 982 879
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Legal Entity Identifier (LEI): 213800MJL6IPZS3ASA11
About Smiths Group
For over 170 years, Smiths Group has been pioneering progress by improving our world through smarter engineering. We serve millions of people every year, to help create a safer, more efficient, and better-connected world, across four major global markets: Energy, General Industry, Safety & Security and Aerospace. Listed on the London Stock Exchange, Smiths employs more than 15,000 colleagues in over 50 countries. For more information visit www.smiths.com.