Result of Auction
10 Diciembre 2003 - 1:01AM
UK Regulatory
RNS Number:0709T
PPL Therapeutics PLC
10 December 2003
Date: Embargoed until 07.00 am, Wednesday 10 December 2003
Contact: Chris Greig, Chairman
Lindsay Dunsmuir, Chief Financial Officer
PPL Therapeutics plc
Telephone: 0131 440 4777
Alistair Mackinnon-Musson
Philip Dennis
Hudson Sandler
Telephone: 020 7796 4133
Email: ppl@hspr.co.uk
PPL Therapeutics plc ("PPL")
Disposal, by public auction, of Pilot Plant Equipment
Further to its announcement on 11 November 2003, PPL confirms that, on 9
December 2003, it held a public auction to sell certain items of fixtures,
fittings, plant, manufacturing and laboratory equipment from its pilot
manufacturing plant in the UK (the "Pilot Plant Equipment"). The aggregate
gross proceeds before selling expenses receivable by PPL in respect of the
auction is #169,000. The proceeds will be received in cash prior to 31 December
2003.
The pilot plant building was not included in the auction and continues to be
marketed for sale as do other items of fixtures, fittings, plant, manufacturing
and laboratory equipment from the manufacturing plant which were not sold during
the auction.
PPL will continue to provide further updates to shareholders at the appropriate
time.
- ENDS -
This information is provided by RNS
The company news service from the London Stock Exchange
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