Travis Perkins has updated the market on the planned demerger of Wickes.At the Group's interim 2019 results presentation in July 2019 the Travis Perkins Management team announced the intention to demerge the Wickes business. The process is progressing well, and is on track to be completed in the second quarter of 2020.The Group is hosting a capital markets event focusing on the Wickes business on the 29 January 2020. The event is being held at the Wickes Support Centre in Watford, followed by a tour of the nearby Wickes Watford store. The full invitation to the event can be found on the website, please confirm attendance with the IR team.Ahead of the capital markets event, the Group has today released an initial presentation pack which lays out at a high level the future equity story for the Wickes business. This presentation is available on the Investor section of the Group's website, found here:https://www.travisperkinsplc.co.uk/investors/results-reports-and-presentations/year/2019For any questions regarding the Wickes presentation, or to confirm attendance of the capital markets event, please contact a member of the IR team directly.Source : Travis Perkins PLC
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