Norcros PLC Completion of Surplus Legacy Freehold Disposal (2861G)
03 March 2015 - 2:30AM
UK Regulatory
TIDMNXR
RNS Number : 2861G
Norcros PLC
02 March 2015
2 March 2015
("Norcros", the "Group" or the "Company")
Completion of disposal of entire surplus legacy freehold
portfolio
Further to its announcement of 24 December 2014 regarding the
unconditional agreement to sell its entire portfolio of surplus
legacy freehold properties to Clowes Developments (UK) Ltd for
GBP6.5m cash, Norcros is pleased to announce that the sale has
completed today as planned.
ENQUIRIES:
Norcros plc Tel: 01625 547 700
Nick Kelsall, Group Chief Executive
Martin Payne, Group Finance Director
Hudson Sandler Tel: 0207 796 4133
Nick Lyon
Charlie Jack
Katie Matthews
Notes to Editors
-- Norcros is a leading supplier of high quality and innovative
showers, taps, bathroom accessories, ceramic wall and floor tiles
and adhesive products with operations in the UK and South
Africa.
-- Based in the UK, Norcros operates under four brands:
-- Triton Showers - Market leader in the manufacture and marketing of showers in the UK
-- Vado - A leading manufacturer and supplier of taps, mixer
showers, bathroom accessories and valves
-- Johnson Tiles - A leading manufacturer and supplier of ceramic tiles in the UK
-- Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products
-- Based in South Africa, Norcros operates under three brands:
-- Tile Africa - Chain of retail stores focused on ceramic and
porcelain tiles, and associated products such as sanitary ware,
showers and adhesives
-- Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles
-- TAL - The leading manufacturer of ceramic and building adhesives
-- Norcros is headquartered in Wilmslow, Cheshire and employs
around 1750 people. The Company is listed on the London Stock
Exchange. For further information please visit the Company website:
http://www.norcros.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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