5th Jul 2007 09:00
Pendragon PLC05 July 2007 Pendragon announces that it has sold its remaining German dealerships. Over thepast two years Pendragon has reduced the number of dealerships operated inGermany and has now completed the sale of the business and assets of itsremaining four locations. The net proceeds of the sale are approximately £6 million. Full details of thedivestment will be included in its first half accounts which will be publishedon 7 August 2007. Enquiries: Pendragon PLC Trevor Finn, Chief Executive Tel: 01623 725114 David Forsyth, Finance Director Finsbury Gordon Simpson Tel: 0207 2513801 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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