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Share Price: 3,390.00
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Disposal

5 Dec 2012 16:32

RNS Number : 8416S
Caledonia Investments PLC
05 December 2012
 



 

 

Caledonia Investments plc

 

Sales of shares in Close Brothers Group plc

 

In accordance with Listing Rule 10.4, Caledonia Investments plc ("Caledonia") announces that, since 1 June 2012, it has sold through the market 5,472,519 ordinary shares in Close Brothers Group plc, the UK listed specialist financial services group, realising net cash proceeds of £44.3m. The sales proceeds have been partly used to repay bank borrowings and partly held in cash for investment.

 

The shares sold were held in Caledonia's group statement of financial position at 31 March 2012 at a value of £43.0m and dividend income from them of £2.2m was included in its group statement of comprehensive income for the year ended 31 March 2012.

 

5 December 2012

 

Enquiries

 

Caledonia Investments plc

College Hill

Will Wyatt, Chief Executive

Tony Friend

Stephen King, Finance Director

Antonia Coad

Tel: + 44 20 7802 8080

Tel: +44 20 7457 2020

 

 

END

 

 

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