13th Jun 2006 12:00
Avon Rubber PLC13 June 2006 13 June 2006 AVON RUBBER PLC ("Avon Rubber") Result of EGM On 22 May 2006, Avon Rubber announced that the Company had entered into a conditional agreement to sell Avon Automotive to Petrol Automotive Holdings Inc. a company established and controlled by Red Diamond Capital Partners, L.P. and a management team led by Leland Richards. The ordinary resolution to approve the disposal was duly passed at the Extraordinary General Meeting held earlier today. Subject to all conditions having been satisfied, completion of the disposal is expected to take place no later than 31 July 2006. - ends - For further enquiries, please contact: Avon Rubber p.l.c 01225 896831Terry Stead, Chief ExecutivePeter Slabbert, Group Finance Director (Local/Trade Press) 01225 896300Fiona Stewart Weber Shandwick Square Mile 020 7067 0700Richard HewsRachel TaylorStephanie Badjonat NOTES TO EDITORS: Avon Rubber p.l.c. is an international polymer engineering group adding valuethrough material, manufacturing and industry sector expertise. The Group iscurrently capitalised at approximately £50 million. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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