26th Jul 2022 12:10
LPA Group PLC - Essex-based LED lighting and electro-mechanical systems maker - Completes sale of an undeveloped plot of land for GBP1.7 million. The book value of the plot as at March 31 was "nil". Says the proceeds will be recognised as an expectational gain in its full-year results. Plans to invest the net proceeds in the medium to long term to support its growth.
Current stock price: 79.00 pence, up 4.6% on Tuesday
12-month change: up 7.5%
By Abby Amoakuh; [email protected]
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