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Sale and Partial Lease Back of Property

2nd Jan 2013 08:36

RNS Number : 5635U
600 Group PLC
02 January 2013
 

 

The 600 Group PLC

 

Sale and partial lease back of property

 

The 600 Group PLC ("the Group"), the machine tools and laser marking company, announces that on 27 December 2012 it completed the sale of its Heckmondwike freehold site to a privately owned company. The net proceeds from the sale of £1.1m will be used to repay bank borrowings and provide additional working capital for the UK operations. The machine tools and precision engineering businesses will remain on the same site in a newly refurbished leasehold factory and offices complex.

 

 

More information on the group can be viewed at: www.600group.com

 

Enquiries:

The 600 Group PLC

Tel: 01924 415 000

Nigel Rogers, Chief Executive

Neil Carrick, Finance Director

Cadogan PR Limited

Tel: 0207 930 7006

Alex Walters

Tel: 07771713608

FinnCap

Tel: 020 7220 0500

Ed Frisby / Ben Thompson (corporate finance)

Tony Quirke / Victoria Bates (corporate broking)

SPARK Advisory Partners

Miriam Greenwood/Sean Wyndham-Quin

Tel: 0113 370 8970

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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