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Pin to quick picksCaledonia Regulatory News (CLDN)

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360.00    0.00 (0.00%)
Bid:
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Spread: 5.50 (1.551%)
Market Cap: £1.84b
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Disposal

5 Dec 2012 16:32

RNS Number : 8416S
Caledonia Investments PLC
05 December 2012
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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

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