Disposal

RNS Number : 3937Y

Molins PLC

05 December 2017

 

FOR IMMEDIATE RELEASE                                                                                              5 December 2017

MOLINS PLC

Update re Canadian property disposal

The board of Molins PLC ("the Company") announced on 27 June 2017 that the Company had entered into an unconditional agreement to sell its manufacturing facility in Ontario, Canada, with completion expected to take place by the end of November 2017. The board announces that completion of the transaction is now expected to take place by the end of December 2017. The board will provide a further update in due course.

Enquiries:

Molins PLC                                                             

Tel: [phone]                                                 

Nick Eland, Company Secretary                                       

Panmure Gordon (UK) Limited (NOMAD)

Tel: [phone]

Andrew Potts / Peter Steel - Corporate Finance

James Stearns - Corporate Broking

Hudson Sandler

Tel: [phone]

Nick Lyon

 

END

 

 

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