Ireland's CRH to exit stake in SigmaRoc, says bookrunner

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Feb 5 (Reuters) - Dublin-based building materials supplier CRH's CRH.L UK unit intends to sell about 171.6 million ordinary shares in SigmaRoc SRC.L, exiting its entire 15.4% stake in the British quarrying company, a bookrunner said on Wednesday.

In 2023, CRH sold its European lime operations, including sites in Ireland, the United Kingdom, Germany, the Czech Republic and Poland, to SigmaRoc for $1.1 billion.

Following CRH's stake exit, Fidelity Management & Research Company LLC with 58.3 million ordinary shares would become the largest shareholder in SigmaRoc, as per data from LSEG.

($1 = 0.9604 euros)