Last checked at 1 Jun 2009 07:00
| For Immediate Release | 1 June 2009 |
Zytronic plc
Acquisition of a freehold property and a 999 year leasehold property
Zytronic plc (the "Company") announces that, on Friday 29 May 2009, it exchanged contracts for the acquisition of the two rental properties from which it currently operates (the "Acquisition"). Together with the adjacent freehold property, which the Company acquired in January 2006, the Acquisition will give the Company ownership and control over its whole site and will enable it to better control the site's future development as it continues its growth.
At current interest rates and with the level of associated debt, there will be a small beneficial impact to the Income Statement in the remainder of the financial year.
Enquiries:
| Zytronic plc | 0191 414 5511 |
| Mark Cambridge, Chief Executive | |
| Denis Mullan, Finance Director | |
| Buchanan Communications Ltd | 020 7466 5000 |
| Richard Darby, Isabel Podda | |
| Brewin Dolphin Ltd | |
| Andrew Emmott, Neil McDonald | 0845 270 8610 |