Braime Group plc Proposes Second Interim Dividend, Payable on 26 May 2023

Braime Group PLC is a United Kingdom-based company, which manufactures deep drawn metal presswork and distributes material handling components and monitoring equipment. The Company's manufacturing activity is delivered through Braime Pressings Limited and the distribution activity is through the 4B division. Its main area of business is the supply of goods and services for handling and processing industrial, and in particular, agricultural commodities. It specializes in metal presswork, including deep drawing, multi-stage progression and transfer presswork. The Company manufactures precision stamped components for the automotive and industrial sectors, with automation capabilities such as pick and place, roll threading, washing and robotic welding. Its 4B division is engaged in developing material handling components for the agricultural and industrial sectors. It works in partnership with its customers on new designs and on the upgrade of existing elevators and conveyor machines.