17th Jul 2006 07:00
Morrison(Wm.)Supermarkets PLC17 July 2006 MORRISONS SELLS SIX STORES AND DEPOT TO WAITROSE Wm Morrison Supermarkets PLC has exchanged contracts with Waitrose for the saleof six stores and a non-operational distribution site at Aylesford in Kent. The stores are located in Eastbourne (Sussex), Formby (Merseyside), Hexham(Northumberland), Lymington (Hampshire), Parkstone (Poole) and Portswood(Southampton). Stores and the associated staff will transfer to Waitrose oncompletion of contracts during September and October. The transaction is onlyconditional on the landlords' approval at Lymington, Hexham and Portswood. At 29 January 2006, the gross assets attributable to the six stores to be soldwere £53.89m; at the same date gross assets attributable to the depot were£29.97m. -ENDS- For further information contact: Ben Howes, Morrisons Press Office 0845 611 5363 or [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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