Elektron PLC
02 July 2004
FOR IMMEDIATE RELEASE 2 July 2004
ELEKTRON PLC
Disposal of BP Purchasing (Electronics) Limited ('BPP')
Elektron Plc (the 'Company' or 'Elektron'), the AIM quoted components and
electronics group, announces that it has disposed of BPP to Brian Emerson, a
former director of the Company, for a nominal sum.
BPP distributes hard-to-find electronic and electromechanical components. In the
year ended 31 January 2004 BPP incurred a loss of £16,000 on turnover of
£799,000. At the date of sale BPP had estimated negative net assets of £25,000.
The result on disposal is not expected to be material.
The sale of BPP completes the Company's divestment programme.
For further information please contact:
Adrian Girling Christopher Leigh
Executive Chairman Finance Director
Elektron Plc Elektron Plc
Tel: 0208 477 9300 Tel: 0208 477 9300
Michael Cornish
Beaumont Cornish Limited
Tel: 0207 628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
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