31st Jul 2007 07:02
Oxford Instruments PLC31 July 2007 Oxford Instruments PLC31 July 2007 Oxford Instruments plcProperty sale completed - Eynsham, UK Oxford Instruments plc, the high technology tools and systems company, ispleased to announce that it has completed the sale of its vacant property atEynsham, UK. The property had become surplus to operating requirements followingan earlier restructuring of its Superconductivity Businesses. At 31 March 2007 the property was held as an asset for sale with a carryingvalue of £2.0m. The net proceeds of the sale are £2.5m. Enquiries: Oxford Instruments plc Tel: 01865 393200Jonathan Flint, Chief ExecutiveKevin Boyd, Group Finance Director Hogarth Partnership Limited Tel: 020 7357 9477Rachel Hirst / Andrew Jaques / Ian Payne Notes to Editors Oxford Instruments plc designs, supplies and supports high-technology tools,processes and solutions with a focus on physical science, bioscience,environmental and industrial research and applications. It provides solutionsneeded to advance fundamental nanoscience research and its transfer intocommercial nanotechnology applications. Innovation has been the driving forcebehind Oxford Instruments' growth and success for over 40 years, and itsstrategy is to effect the successful commercialisation of these ideas bybringing them to market in a timely and customer-focused fashion. The first technology business to be spun out from Oxford University over fortyyears ago, Oxford Instruments is now a global company with over 1,300 staffworldwide and a listing on the London Stock Exchange (OXIG). Its objective is tobe the leading provider of new generation tools and systems for the PhysicalScience and Bioscience sectors. This involves the combination of core technologies in areas such as lowtemperature and high magnetic field environments; superconductivity; NuclearMagnetic Resonance; X-ray electron and optical based metrology, and advanced growth, deposition and etching. Our products, expertise, and ideas addressglobal issues such as energy, environment, terrorism and health and are part ofthe next generation of telecommunications, energy products, environmental measures, security devices, drug discovery and medical advances. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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