Disposal of Property Holdings

ENSOR HOLDINGS PLC - Disposal of Property Holdings

PR Newswire

London, June 2

2 June 2015

ENSOR HOLDINGS PLC ("Ensor")

Disposal of Property Holdings

Ensor is pleased to announce the disposal, on 1 June 2015, of its Stockport land holding for proceeds of £1,309,000, payable in cash and representing a premium to book value of £763,000, net of disposal costs. The property was sold to Bellway Homes Limited, having been previously occupied by a former subsidiary, SRC Limited, which was sold in January 2014.

This disposal follows the sale, on 1 April 2015, of the Company’s tenanted land holding and waste transfer operation in Woodville, Derbyshire, for proceeds of £1,825,000, payable in cash, representing a premium to book value of £80,000, net of disposal costs. These assets were acquired by Ravensbourn Container Systems Limited and contributed profits of £130,000 to group results in the year to 31 March 2015.

These asset disposals are pertinent to the recently-announced strategic review.

Enquiries:

Ensor Holdings PLC

Roger Harrison / Marcus Chadwick

0161 945 5953

Westhouse Securities Limited

Robert Finlay

020 7601 6100