30th Sep 2013 07:00
RNS Number : 1887P
Guinness Peat Group PLC
29 September 2013
GUINNESS PEAT GROUP PLC
("GPG" or the "Company")
Investment Portfolio Update
GPG announces today that it has sold its entire shareholding (33.6%) in TOWER Limited at a price of NZ$1.70 per share.
Transaction cash proceeds are expected to be approximately NZ$118.3m (£60.7m).
Chris Healy
Company Secretary
Guinness Peat Group plc
Tel: +44 20 7484 3370
30 September 2013
Enquiry details are:
New Zealand and Australian media: Geoff Senescall on: +64 9 309 5659
UK media: Kevin Smith on: +44 20 7282 1054
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
Coats