28th Mar 2006 09:42
Dickinson Legg Group PLC28 March 2006 Dickinson Legg Group plc ('DLG'), announces that it has completed the sale ofSpooner Industries Limited and Spooner Inc, its air drying equipmentsubsidiaries, for a consideration of £310,000 payable in cash. Spooner reportedan operating loss before exceptional items of £481,000 on turnover of £9.26million for the year ended 30 June 2005. In addition, following the first closing date of the recommended mandatory offerby European Tobacco Development S.A. for DLG which was at 1p.m. yesterday, BarryStephenson and Tom Mackie have resigned, as agreed, as Directors of DLG withimmediate effect. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Dekel Agri