Sterling Retail Bonds

                                                   

 

Grafton Group plc

 

Sterling Retail Bonds

 

9 July 2013

 

 

Grafton Group plc ("Grafton"), the builders merchanting and DIY Group with operations in the UK, Ireland and Belgium, announces that the proposed issue of Sterling Retail Bonds by its wholly owned subsidiary Grafton Group Finance plc published on June 24^th has been withdrawn. Interest rate volatility and market uncertainty during the offer period influenced investor sentiment and demand. The Group has therefore decided not to proceed with the issue at this time.

 

  

 

 

For further information please contact:

 

Grafton Group plc

Gavin Slark, Chief Executive Officer

Colm ó Nualláin, Finance Director                                                         +353 (01) 216 0600                                            

 

Murray Consultants

Joe Murray                                                                                           +353 (01) 498 0300

 

Smithfield Consultants

Alex Simmons                                                                                      +44 (0)20 7360 4900