5 Dec 2012 16:32
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Caledonia Investments plc
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Sales of shares in Close Brothers Group plc
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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 Β£44.3m. The sales proceeds have been partly used to repay bank borrowings and partly held in cash for investment.
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The shares sold were held in Caledonia's group statement of financial position at 31 March 2012 at a value of Β£43.0m and dividend income from them of Β£2.2m was included in its group statement of comprehensive income for the year ended 31 March 2012.
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5 December 2012
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Enquiries
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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 Β |
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