16th Mar 2015 07:00
March 16 2015
Nature Group PLC
("Nature" or the "Company" or the "Group")
Completion of sale of waste water collection and storage vessel
Nature Group PLC (AIM:NGR), the provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, is pleased to announce that it has now completed the sale of its waste water collection and storage vessel, the M/V Crystalwater (the "Vessel" or the "Crystalwater"), as outlined in the announcement of 23 February 2015 (the "Disposal"). Completion of the Disposal follows a final technical inspection of the Vessel and receipt by the Company of cash consideration of US$2.8 million (approximately £1.9 million at the current exchange rate).
Andreas Drenthen, Chief Executive Officer, commented:
"We are pleased to have completed the disposal of the Crystalwater. We see this as a key move for taking the next steps in fulfilling our strategic plans for the redevelopment of the Gibraltar operations."
For further information contact:
Nature Group PLC | |
Andreas Drenthen, CEO | Tel: + 31 6532 614 84 |
Kieron Becerra, CFO | Tel: + 350 200 73905 |
Jan Vesseur, COO | Tel: + 31 6462 878 96 |
Nigel Sandy, Chairman | Tel: + 44 (0)1208 816 744 |
Cenkos Securities plc | |
Neil McDonald | Tel: +44 (0)131 220 9771 / +44 (0)207 397 1953 |
Nick Tulloch | Tel: +44 (0)131 220 9772 / +44 (0)207 397 1950 |
Hermes Financial PR | |
Chris Steele | Tel: +44 (0)7979 604 687 |
Trevor Phillips | Tel: +44 (0)7889 153 628 |
About Nature Group
A company with more than 25 years' experience in waste water treatment and a unique corporate social responsibility (CSR) strategy that enables us to be truly a part of Nature and responding to the ever expanding and demanding legislative framework.
Nature Group combines port reception services and facilities, offshore treatment services and the latest sustainable waste treatment technologies in a steadily growing global network. Nature Group is traded on the AIM market, (ticker: NGR). www.ngrp.com
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