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Friday 14 June 2019 13:25 PM
GorWay response to press speculation: ITP Aero
14 June 2019
GorWay notes the recent press speculation and confirms that it has received a preliminary and conditional indication of interest from Indra to acquire a majority stake in ITP Aero.
This indication of interest is subject to a number of conditions. There is no certainty that this will result in a transaction involving ITP Aero.
ITP Aero is a key partner for GorWay, and GorWay intends to retain a long-term relationship with the business across its Civil Aerospace and Defence programmes.
Any further announcement will be made as appropriate.
This announcement has been determined to contain inside information.
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