25 Nov 2013 07:00
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Release date: 25 November 2013
Embargoed until: 07.00
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CLS Holdings plc
("CLS", the "Company" or the "Group")
completes the acquisition of the outstanding Neo Portfolio leasehold interests
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Further to the announcement made on 16 September 2013 regarding the acquisition of 34 UK properties for £118.6 million, CLS is pleased to confirm that it has received landlord's consent on, and subsequently completed the purchase of, the outstanding four long leasehold properties. The four properties comprised £12.75 million of the original purchase price, and income from them has accrued to CLS from the original date of purchase on 13 September 2013.
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For further information, please contact:
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CLS Holdings plc +44 (0)20 7582 7766
www.clsholdings.com
Sten Mortstedt, Executive Chairman
Henry Klotz, Executive Vice Chairman
Richard Tice, Chief Executive Officer
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Liberum Capital Limited +44 (0)20 3100 2222
Tom Fyson
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Charles Stanley Securities +44 (0)20 7149 6000
Mark Taylor
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Kinmont Limited +44 (0)20 7087 9100
Jonathan Gray
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Smithfield Consultants (Financial PR) +44 (0)20 7903 0669
Alex Simmons