21st Dec 2007 07:01
Pendragon PLC21 December 2007 FOR IMMEDIATE RELEASE PRE CLOSE TRADING STATEMENT On 27th of November we issued a trading update and gave guidance on our outlookfor the next year. Our views are unchanged from the time of that statement. Today we also announce that, in line with our stated strategy, we have madethree further surplus property sales this month for a total consideration of£10.0 million and realised a profit of £6.0 million on these sales. This bringsproceeds from surplus property sales this year to £41.5 million and profits onthese sales to £15.3 million. At the current time we have surplus propertiesunder offer with estimated proceeds of £34 million and a book value of £19 million. Enquiries:Pendragon PLC Trevor Finn, Chief Executive Tel: 01623 725114 David Forsyth, Finance Director Finsbury Gordon Simpson Tel: 0207 2513801 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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