- Title:
Statement re: ITP Aero - Time:
17:42:15 - Date:
4 Aug 2021 - Category:
Corporate updates - ID:
6184H
STATEMENT RE: ITP AERO
Rolls-Royce (LSE:RR., ADR:RYCEY) notes recent speculation in the media about a possible sale of ITP Aero. Rolls-Royce confirms it has decided to enter into exclusive discussions with a consortium led by Bain Capital on a potential sale of the business. There can be no certainty that an agreement will be reached. Rolls-Royce will make a further statement as appropriate.
For further information, please contact:
Richard Wray
Director of External Communications & Brand, Rolls-Royce plc
Tel +44 (0) 7810 850055
Isabel Green
Head of Investor Relations, Rolls-Royce plc
Tel +44 (0) 7880 160976
About Rolls-Royce Holdings plc
1. Rolls-Royce pioneers the power that matters to connect, power and protect society. We have pledged to achieve net zero greenhouse gas emissions in our operations by 2030 (excluding product testing) and joined the UN Race to Zero campaign in 2020, affirming our ambition to play a fundamental role in enabling the sectors in which we operate achieve net zero carbon by 2050.
2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers.
3. Annual underlying revenue was £11.76 billion in 2020 and we invested £1.25 billion on research and development. We also support a global network of 28 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
4. Rolls-Royce Holdings plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)
Statement re: ITP Aero17:42:154 Aug 2021Corporate updates6184H