23rd Nov 2007 15:16
Latham(James) PLC23 November 2007 James Latham Plc The Company is pleased to announce that it has purchased the freehold interestin Units 1 to 4, Swallow Park, Hemel Hempstead, 43,500 square foot offices andwarehouse that it occupies for a cash consideration of £4,250,000 payable oncompletion. The units had previously been leased at a cost of £326,100 per annumand were subject to a review which would have been effective from June 2006. Itsecures the future of the Company's head office and trading operation andcompletes the programme of relocation from the site in Clapton to three ownedsites at Hemel Hempstead, Thurrock and Purfleet. Enquiries: Peter Latham, Chairman Tel: 01442 849 100David Dunmow, Finance Director Tel: 01442 849 100 Blue Oar Securities PlcMike Coe, Director, Corporate Finance Tel: 0117 933 0020 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Latham Timber