Edition:
India

Sigmaroc Sells Non-Core Land For 5.5 Mln Stg


Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Sigmaroc PLC ::£5.5M CASH DISPOSAL OF NON-CORE LAND.COMPANY PROPOSES TO USE CASH CONSIDERATION TO REDUCE NET DEBT.DISPOSAL OF NON-CORE LAND FOR TOTAL CASH CONSIDERATION OF £5.5M.LAND HOLDINGS FORMED PART OF GROUP'S SIGMAPPG PLATFORM AND BOARD CONSIDERED THAT THEY WERE NO LONGER OF STRATEGIC VALUE TO CO.AS A RESULT OF SALE, COMPANY'S GEARING RATIOS ARE EXPECTED TO BE SIGNIFICANTLY REDUCED. 

Company Quote

46.5
0.0 +0.00%
15 Nov 2019