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Completion of Fleet Disposal

4 May 2016 14:53

RNS Number : 2579X
Microgen PLC
04 May 2016
 

 

 

4 May 2016

 

Microgen plc ("Microgen" or the "Group")

 

Property Disposal

 

Microgen announces that it has today completed the disposal of the Group's freehold office in Fleet for £2.35 million. Further details in respect of the transaction were provided in the original announcement of 5 November 2015.

 

The Group's Financial Systems business will retain the proceeds of the sale which will provide additional funding for the defined strategy of add-on acquisitions in the wealth management sector.

 

 

In the event of any queries please contact:

 

Microgen plc

Philip Wood, Group Finance Director: 020 7496 8100

www.microgen.com

 

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