Acquisition completed and admission to trading

RNS Number : 6565W

General Industries PLC

20 August 2015

 

For Immediate Release

20 August 2015

General Industries plc

("General Industries" or "the Company")

Acquisition of Altair Consultancy and Advisory Services Limited Completed

Admission to Trading

General Industries is pleased to announce that further to Admission becoming effective from 8.00 a.m.today, General Industries has completed the acquisition of the entire issued share capital of Altair Consultancy and Advisory Services Limited ("Altair") and become an independent consultancy and advisory company providing advice to a range of public, charitable and private organisations involved in the provisions of affordable and market rent housing.

At Admission, the Company has an issued share capital of 31,500,000 Ordinary Shares of 5p each.

Capitalised terms in this announcement are as defined in the Prospectus approved by the UK Listing Authority and dated 20 July 2015, which is available on the Company's website www.general-industries.co.uk unless the context otherwise requires.

For further information please contact:     

Richard Wollenberg, Chairman, General Industries plc                                    01784 437 444

Roland Cornish, Beaumont Cornish Limited, Financial Advisor                         020 7628 3396

 

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