Information  X 
Enter a valid email address

Alumasc Group Plc (ALU)

  Print          Annual reports

Monday 28 March, 2011

Alumasc Group Plc

Disposal

RNS Number : 6943D
Alumasc Group PLC
28 March 2011
 



 

IMMEDIATE RELEASE

Monday, 28 March 2011

 

  

The Alumasc Group plc announces the sale of surplus land for £1.2 million

 

The Alumasc Group plc (ALU.L), the premium building and engineering products group, is pleased to announce the sale of surplus land near its head office in Kettering for residential development.

 

The net sale proceeds arising from this transaction were £1.2 million, giving rise to a profit on sale of £0.7m

 

Alumasc has agreed with its Pension Trustees to contribute £0.6m of the sale proceeds to the Company's pension schemes, both of which are now closed to future accrual. 

 

END

 

Enquiries:

The Alumasc Group plc

Paul Hooper (Group Chief Executive)                                       Tel:  01536 383821

Andrew Magson (Group Finance Director)                               Tel:  01536 383844

 

Bankside Consultants

Simon Bloomfield                                                                     Tel: 0207 367 8861

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISBDLFLFXFLBBV

a d v e r t i s e m e n t