Travis Perkins

Travis Perkins plc Investor Update - Toolstation UK : A platform for growth and profitability

Retrieved on: 
Thursday, September 28, 2023
Workforce, Toolstation, Investment, Travis Perkins, Cryptocurrency, Video game

Today, the Travis Perkins plc management team is hosting an investor update focused on Toolstation UK.

Key Points: 
  • Today, the Travis Perkins plc management team is hosting an investor update focused on Toolstation UK.
  • There will be no new disclosures on current trading conditions.
  • As an integral part of the Group, the business provides a highly complementary offer for UK tradespeople with an excellent opportunity to continue to grow share in a large and fragmented market.
  • The Group’s significant investment in Toolstation’s network, workforce and infrastructure over recent years has delivered a platform of scale and underpins our confidence in the next phase of the business’ journey as we focus on driving growth and profitability.

Travis Perkins: Directorate Change

Retrieved on: 
Tuesday, July 11, 2023
Construction, Culture, Crest Nicholson, Travis Perkins, AGM, Sale, Self-help group (finance), Retirement, CFO, Policy, Remuneration, Perkins, Food, Management

Travis Perkins plc (“Travis Perkins” or the “Company”) announces that Alan Williams has advised the Company’s board (“Board”) that he will be retiring as Chief Financial Officer (“CFO”) and stepping down from the Board in 2024, after seven years in the role.

Key Points: 
  • Travis Perkins plc (“Travis Perkins” or the “Company”) announces that Alan Williams has advised the Company’s board (“Board”) that he will be retiring as Chief Financial Officer (“CFO”) and stepping down from the Board in 2024, after seven years in the role.
  • Nick Roberts, CEO of Travis Perkins plc said, “I’m hugely appreciative of the expertise Alan has brought to the Group and the support he has given me and the wider leadership team.
  • Jasmine Whitbread, Chair of Travis Perkins commented, “I’d like to thank Alan for his significant contribution to the Group over the last seven years, and wish him well in his retirement.
  • Duncan Cooper said, “I’m excited to be joining Travis Perkins plc in 2024, a market leading business with an exciting and ambitious strategy to be the leading partner to the construction industry.

Travis Perkins: NOTICE TO NOTEHOLDERS - ADDITION OF GUARANTOR

Retrieved on: 
Monday, July 3, 2023
BY, NOT, FOR, Travis Perkins, Trust, ITS, Issuer, ISIN, Surety, Common, Trust deed, Security (finance), Note

Guaranteed Notes due 2026 guaranteed by certain subsidiaries of Travis Perkins plc (ISIN: XS2254262285, Common Code: 225426228) (the "Notes")

Key Points: 
  • Guaranteed Notes due 2026 guaranteed by certain subsidiaries of Travis Perkins plc (ISIN: XS2254262285, Common Code: 225426228) (the "Notes")
    Travis Perkins plc (the "Issuer") hereby announces that, on 22 June 2023, CCF Limited (the “New Guarantor”) acceded as a guarantor under the Issuer’s Principal Bank Facility.
  • Accordingly (pursuant to Condition 2(d) of the Notes), the Issuer has procured, by way of a Supplemental Trust Deed dated 3 July 2023, that the New Guarantor has also provided a guarantee in respect of the Notes and the Trust Deed dated 17 November 2020 relating to them (the “Trust Deed”).
  • Henceforth references in the Notes and the Trust Deed to the Guarantors shall include the New Guarantor.
  • All words and expressions defined in the Trust Deed shall have the same meanings herein.

Travis Perkins: NOTICE TO NOTEHOLDERS - ADDITION OF GUARANTOR

Retrieved on: 
Monday, July 3, 2023
BY, NOT, FOR, Travis Perkins, Trust, ITS, Issuer, Surety, Trust deed, Security (finance), Note

Guaranteed Notes due 2023 guaranteed by certain subsidiaries of Travis Perkins plc

Key Points: 
  • Guaranteed Notes due 2023 guaranteed by certain subsidiaries of Travis Perkins plc
    Travis Perkins plc (the "Issuer") hereby announces that, on 22 June 2023, CCF Limited (the “New Guarantor”) acceded as a guarantor under the Issuer’s Principal Bank Facility.
  • Accordingly (pursuant to Condition 2(d) of the Notes), the Issuer has procured, by way of a Supplemental Trust Deed dated 3 July 2023, that the New Guarantor has also provided a guarantee in respect of the Notes and the Trust Deed dated 12 May 2016 relating to them (the “Trust Deed”).
  • Henceforth references in the Notes and the Trust Deed to the Guarantors shall include the New Guarantor.
  • All words and expressions defined in the Trust Deed shall have the same meanings herein.

Travis Perkins: Directorate Change

Retrieved on: 
Wednesday, June 21, 2023
Audit committee, Committee, Travis Perkins, Policy, Remuneration, Accounting, Real estate, Coline (Peru)

Pursuant to Listing Rule 9.6.11 Travis Perkins plc (“Travis Perkins” or the “Company”) makes the following announcement:

Key Points: 
  • Pursuant to Listing Rule 9.6.11 Travis Perkins plc (“Travis Perkins” or the “Company”) makes the following announcement:
    After nearly nine years as a Non-executive Director, Coline McConville will relinquish her role as Chair of the Remuneration Committee on 1 December 2023 and subsequently step down from the Company’s Board (“Board”) on 31 December 2023.
  • At its meeting earlier today, the Board resolved the following:
    With immediate effect Louise Hardy assumes the role of designated workforce engagement Non-executive Director, succeeding Pete Redfern.
  • Louise Hardy is appointed Chair of the Remuneration Committee with effect from 1 December 2023, succeeding Coline McConville.
  • Jasmine Whitbread, Chair of Travis Perkins commented:
    “On behalf of the Board and all at Travis Perkins, I would like to thank Coline for her diligent and valued service.

Travis Perkins: Non-executive Director (elect - not a PDMR) Shareholding

Retrieved on: 
Thursday, May 18, 2023
Travis Perkins, Acquisition, Auction, Online shopping

On 27 April 2023 Travis Perkins plc (the “Company”) announced that Jez Maiden will join the Company’s Board as a Non-executive and Senior Independent Director with effect from 1 June 2023.

Key Points: 
  • On 27 April 2023 Travis Perkins plc (the “Company”) announced that Jez Maiden will join the Company’s Board as a Non-executive and Senior Independent Director with effect from 1 June 2023.
  • Jez Maiden has informed the Company that on 16 May 2023 he purchased 1,000 Ordinary Shares in the Company.
  • Although not obliged under UK MAR to announce his acquisition of shares prior to his taking up his appointment, the Company is doing so in the interests of transparency.
  • For further information please contact:

Travis Perkins: Directorate Change

Retrieved on: 
Friday, April 28, 2023
Executive, Construction, Senior, Intertek, Synthomer, Audit committee, Travis Perkins, Listing Rules, FMCG, Remuneration, PZ Cussons, Environment, International, Management, Croda International

Travis Perkins is also pleased to announce the appointment of Jez Maiden to the Company’s Board as a Non-executive and Senior Independent Director with effect from 1 June 2023.

Key Points: 
  • Travis Perkins is also pleased to announce the appointment of Jez Maiden to the Company’s Board as a Non-executive and Senior Independent Director with effect from 1 June 2023.
  • Jez brings to the Board over forty years of business, leadership and corporate experience spanning diverse sectors, including household FMCG, management consultancy, food manufacturing, transport and chemicals.
  • Jasmine Whitbread, Chair of Travis Perkins commented:
    “On behalf of the Board and all at Travis Perkins, I would like to thank Pete for his diligent and valued service.
  • “We are delighted to welcome Jez to the Travis Perkins team.

Travis Perkins plc - first quarter trading update for the three months to 31 March 2023

Retrieved on: 
Tuesday, April 25, 2023
RMI, Maintenance, Construction, Housing, SME, Merchant, Travis Perkins, Weakness, School, Hospital, App, Growth, Environment, Legislation, Mobile phone, Video game, Renewable energy, Toolstation

As expected, trading volumes in the Merchanting business were impacted by weakness in the new build housing and domestic repair, maintenance and improvement (RMI) markets.

Key Points: 
  • As expected, trading volumes in the Merchanting business were impacted by weakness in the new build housing and domestic repair, maintenance and improvement (RMI) markets.
  • The commercial, industrial and public sector markets, which represent just under half of the Group’s end market exposure, saw more resilient demand.
  • Merchanting sales price inflation moderated from the second half of 2022 but remained elevated at 9.0%.
  • This stood at £272m Group adjusted operating profit for FY23 at time of publication and can be reviewed via:

Travis Perkins: Directorate Change

Retrieved on: 
Friday, December 2, 2022
CCF, Heat, London Underground, Woman, UCL, AECOM, Research, Ventilation, Balfour Beatty, FTSE 250, Public sector, Toolstation, Engineering, Mario & Sonic at the London 2012 Olympic Games, STEM, Travis Perkins, Business, BSS, Moorfields Eye Hospital, Listing Rules, Education, Construction, FTSE, Sirius Minerals, Deepening, Management, Oriel

Pursuant to Listing Rule 9.6.11 Travis Perkins plc ("Travis Perkins" or the "Company") makes the following announcement:

Key Points: 
  • Pursuant to Listing Rule 9.6.11 Travis Perkins plc ("Travis Perkins" or the "Company") makes the following announcement:
    Louise Hardy is appointed to the Company's Board as a Non-executive Director and a member of the Remuneration Committee with effect from 1 January 2023.
  • Commenting on Louise's appointment, Jasmine Whitbread, Chair of Travis Perkins said:
    We are delighted to welcome Louise to the Travis Perkins team.
  • As market leader, Travis Perkins is ideally positioned to help customers navigate the increasing complexity of the construction market where major legislative and regulatory change is creating huge opportunity, not least in light of the incoming Future Homes Standard and transition to net zero.
  • Travis Perkins plc is a leading partner to the construction industry and the UK's leading distributor of building materials to trade customers.

Travis Perkins plc Q3 2022 trading update

Retrieved on: 
Saturday, October 22, 2022
Growth, Merchant, Housing, Solution, Travis Perkins, BSS, Group, Specialist, Legislation, Safety, Maintenance, CCF, Construction, Toolstation

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Travis Perkins plc, a leading partner to the construction industry, announces its Q3 2022 trading update for the three months to 30 September 2022
    The Merchanting businesses continue to outperform their markets, delivering total sales growth of 11.5%* with trading performance remaining consistent throughout the quarter.
  • Travis Perkins General Merchant, the UKs largest distributor of building materials, saw some slowing of demand through the period in the smaller trade customer segment although demand from larger repair and maintenance contractors held up well.
  • We continue to benefit from our diverse end market exposure from small independent builders through to large contractors delivering national infrastructure projects.