3 Dec 2012 07:00
e2v technologies plc
Sale of land
e2v technologies plc announces that it has completed the sale of its surplus land at the Grenoble facility of e2v semiconductors sas. Gross proceeds were €7.3m (£5.8m). Cash commitments associated with the sale of c€1.6m (£1.3m) are payable over the next two years, along with associated tax of c€2.1m (£1.7m).
-Ends-
Further enquiries:
e2v technologies plc | Tel: +44 (0)1245 493 493 |
Keith Attwood, Chief Executive Charles Hindson, Group Finance Director | |
Website: www.e2v.com | |
Pelham Bell Pottinger | Tel: +44 (0)20 7861 3928 |
Archie Berens Charles Goodwin |
Notes to editors
1. All financial information included in this release is sourced from unaudited management accounts and excludes any exceptional items.
2. Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.
About e2v
e2v is a leading global provider of specialist technology for high performance systems and equipment; delivering solutions, sub-systems and components for applications within medical & science, aerospace & defence, and commercial & industrial markets.e2v employs approximately 1650 people, has design and operational facilities across Europe, North America and Asia, and has a global network of sales and technical support offices. For the year ended 31 March 2012, e2v reported sales of GBP235m and is listed on the London Stock Exchange. For more information visit e2v.com