Creightons Regulatory News (CRL)

30 Jun 2005 15:30

Creightons PLC30 June 2005 Creightons plc Result of EGM Creightons plc ("Creightons" or "the Company") has today at an EGM adopted resolutions giving Shareholder approval to the disposal of its freehold interest in Units 1 to 6 Water Lane Industrial Park, Storrington, West Sussex. As announced by your Board 4 April 2005 and 18 May 2005, Creightons has enteredinto two contracts conditional only on Shareholder approval to sell certainfreehold property at Storrington. The first contract is with CDA SouthernLimited to sell the Unit 6 for a cash consideration of £960,000. The secondcontract is with Brecon Developments Limited to sell Units 1-5A for a cashconsideration of £700,000. Due to the size of these disposals relative to theCompany and in accordance with the Listing Rules, both disposals wereconditional on the approval of Shareholders which was given at today's EGM. Contacts: William McIlroyNick O'SheaCreightons plc 01733 281000 Tony RawlinsonJames CaithieCity Financial Associates Limited 020 7090 7800 This information is provided by RNS The company news service from the London Stock Exchange