[Nick Hargrave]

Just as we publish our thesis, a TR-1 from Hanover Investors, who have an excellent track record on successful engagement in undervalued companies

https://www.londonstockexchange.com/news-article/BRCK/holding-s-in-company/16175834

Topic

[Nick Hargrave]

https://otp.tools.investis.com/clients/uk/brickabilitygroupplc/rns/regulatory-story.aspx?cid=2787&newsid=1793386

Trading update with reasonable current trading but a more difficult outlook. Long term fundamentals believed to remain in tact

[Nick Hargrave]

https://www.londonstockexchange.com/news-article/BRCK/interim-results-for-six-months-ended-30-sept-2023/16226803

A solid performance given the economic backdrop but with continued caution on newbuild volumes in the near future. The latest acquisition and strong performance of the non-brick divisions reduces the company’s reliance on brick while even that division is diversified from private housebuilding. The long term fundamentals continue to highlight the undervaluation.

[Author]

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