Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Completion of sale

16th Mar 2015 07:00

RNS Number : 4663H
Nature Group PLC
16 March 2015
 



 

 

 

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

 

 

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

Related Shares:

Nature Group
FTSE 100 Latest
Value8,275.66
Change0.00