18th Jun 2015 15:54
18 June 2015
Electronic Data Processing PLC ("EDP")
Disposal of Surplus Freehold Property
EDP announces that on 15 June 2015 it exchanged contracts to dispose of its surplus freehold warehouse in Sheffield for a cash consideration of £425,000. Costs associated with the disposal are estimated to be £10,000. The property had a net book value of £301,000 at 31 March 2015. The net sales proceeds will be added to existing cash resources. The disposal will result in a net annual saving of property costs of approximately £30,000.
-ENDS-
Enquiries:
Julian Wassell | James Storey | Toby Mountford |
Chief Executive | Finance Director | Citigate Dewe Rogerson |
0114 262 2010 | 0114 262 2010 | 020 7638 9571 / 07710 356611 |
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Electronic Data Processing