18th Oct 2006 07:00
Carillion PLC18 October 2006 Carillion completes sale of PPP equity Further to the announcement made on 6 September 2006, support services andconstruction company, Carillion plc, has completed the sale of its equityholdings in eight fully operational Public Private Partnership projects. In line with the terms announced on 6 September, the sale generated cashproceeds of £46 million and an exceptional profit of £22 million, with animplied net present value of the equity sold based on a discount rate of lessthan 5 per cent. For further information contact John Denning, Director Group Corporate Affairs,Carillion plc. Tel: 01902 316384 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Carillion Plc