Hill & Smith Hldgs PLC
4 June 2001
In line with the policy of disposing of investment and surplus properties,
Hill & Smith Holdings PLC ('Hill & Smith' or the 'Company') has sold Lygon
Court in Halesowen to New World Securities Limited for a cash consideration of
£1.06 million. The site was previously producing annual rental income of £
0.12 million.
The consideration will be used to reduce net borrowings of Hill & Smith.
The Company will be announcing its interim results for the six months ended 31
March 2001 on Wednesday, 6 June 2001.
For further information, please contact:
Hill & Smith Holdings PLC Tel: 01902 357 910
David Grove, Chief Executive
Howard Everett, Company Secretary
Rawlings Financial PR Limited Tel: 01756 770 376
Catriona Valentine
Note to Editors
Hill & Smith Holdings PLC, based in Bilston in the West Midlands, contains
companies operating in the fields of building and construction products,
fencing and barriers, steel stockholding, and galvanising services.
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