Disposal
19 December 2002 - 11:06PM
UK Regulatory
RNS Number:3592F
Plantation & General Investmnts.PLC
19 December 2002
Plantation & General Investments Plc
Plantation & General Investments Plc announces that, following the receipt of
satisfactory planning consent for residential development, it has completed the
sale of the site previously occupied by the Group's wheelbarrow manufacturer,
Chillington Manufacturing.
The net proceeds of the sale amounted to just under #1 million and were settled
in cash on completion.
The proceeds will be used to reduce Group bank borrowings.
The net book value of the site was #0.2 million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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