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Disposal

14 Jul 2010 11:54

RNS Number : 3384P
Creston PLC
14 July 2010
 



 

 

CRESTON PLC

("Creston" or the "Company")

 

COMPLETION OF SALE OF THE DLKW GROUP

 

Further to the announcement made on 13 July 2010 that the resolution to approve the Disposal of the DLKW Group was duly passed at the General Meeting held yesterday, the Board is pleased to announce that it has today completed the sale of the DLKW Group to Lowe for a total consideration of £28 million.

 

 

Enquiries:

 

Creston plc Tel: +44 (0) 20 7930 9757

David Grigson, Chairman

Don Elgie, CEO

Barrie Brien, COO/CFO

 

Investec Tel: +44 (0) 20 7597 5120

Erik Anderson

 

M:Communications Tel: +44 (0) 20 7920 2330

Elly Williamson

 

Capitalised terms used, but not defined, in this announcement have the same meanings as given to them in the circular sent by the Company to Shareholders dated 28 June 2010 unless the context requires otherwise.

 

Investec, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Creston and no one else in connection with the Disposal and this announcement and will not be responsible to anyone other than Creston for providing the protections afforded to clients of Investec nor for providing advice in connection with the Disposal or this announcement or any matter referred to herein.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISEAEXLFSDEEFF
Date   Source Headline
1st Aug 20069:16 amRNSDirector/PDMR Shareholding
20th Jul 20067:00 amRNSAnnual Information Update
13th Jul 20064:51 pmRNSHolding(s) in Company
29th Jun 20069:19 amRNSAdditional Listing
26th Jun 20066:07 pmRNSDividend Declaration
26th Jun 20067:02 amRNSFinal Results
16th Jun 200610:36 amRNSHolding(s) in Company
6th Jun 20064:27 pmRNSHolding(s) in Company
6th Jun 20067:01 amRNSChange of Adviser
1st Jun 20062:58 pmRNSHolding(s) in Company
31st May 20064:40 pmRNSDirector/PDMR Shareholding
31st May 200610:03 amRNSNotice of Results
19th May 20064:26 pmRNSHolding(s) in Company
19th May 20068:27 amRNSHolding(s) in Company
19th May 20068:25 amRNSHolding(s) in Company
16th May 20061:23 pmRNSDoc re. Prospectus
15th May 200612:20 pmRNSResult of EGM
15th May 20067:01 amRNSResult of Equity Issue
8th May 20062:05 pmRNSTreasury Stock
20th Apr 20067:01 amRNSCreston Acquires ICM and TMW
27th Mar 20062:18 pmRNSHolding(s) in Company
8th Mar 20062:53 pmRNSAdditional Listing
21st Feb 20063:39 pmRNSTreasury Stock
6th Dec 20059:00 amRNSDirector/PDMR Shareholding
6th Dec 20058:55 amRNSDirector/PDMR Shareholding
14th Nov 20052:54 pmRNSNotice of Results
4th Oct 20055:36 pmRNSDirector/PDMR Shareholding
4th Oct 20053:23 pmRNSAdditional Listing
3rd Oct 20052:52 pmRNSTrading Update
30th Sep 20057:01 amRNSDirector/PDMR Shareholding
2nd Sep 20059:42 amRNSDirector/PDMR Shareholding
2nd Sep 20059:13 amRNSAdditional Listing
2nd Sep 20057:00 amRNSTransaction in Own Shares
2nd Aug 20057:01 amRNSDirector/PDMR Shareholding
1st Aug 200511:23 amRNSDirector/PDMR Shareholding
28th Jul 20054:46 pmRNSHolding(s) in Company
28th Jul 20053:32 pmRNSAGM Statement
28th Jul 200512:00 pmRNSAGM Statement
11th Jul 20052:05 pmRNSAnnual Report and Accounts
8th Jul 20057:00 amRNSAcquisition
22nd Jun 20057:01 amRNSFinal Results
31st May 20059:53 amRNSHolding(s) in Company
3rd May 20053:08 pmRNSHolding(s) in Company
11th Apr 20057:00 amRNSAdditional Listing
1st Apr 20058:22 amRNSDirector Shareholding
30th Mar 20053:41 pmRNSDirector Shareholding
24th Mar 20055:20 pmRNSDirector Shareholding
23rd Mar 20055:48 pmRNSDirector Shareholding
21st Mar 20053:08 pmRNSDirector Shareholding
18th Mar 200510:44 amRNSHolding(s) in Company

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