Disposal
31 Julio 2009 - 8:07AM
UK Regulatory
TIDMSTV
RNS Number : 6812W
Strathdon Investments PLC
31 July 2009
Strathdon Investments plc ("the Company")
Announcement in respect of disposal
The Company announces today that in line with its stated strategy it has
completed the sale of its interests in Newnova Group Limited and its
subsidiaries ("Newnova").
Under this agreement the Company has disposed of its residual secured loan and
convertible loan stock interests in Newnova for cash consideration of
GBP371,358.
The disposal will enable the Company to repay its outstanding bank debt in full.
For further details, please contact:
David Hall, YFM GroupTel: 0161 832 7603
Nicola Marrin, Seymour PierceTel: 0207 107 8000
Tom Sheldon, Seymour PierceTel: 0207 107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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