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Completion of sale of Education Division - update

19 Mar 2010 11:57

RNS Number : 8659I
Huveaux PLC
19 March 2010
 



Further to the RNS announcement released under RNS No. 8611I at 1109 hrs please note that the Company name under contacts should read 'Huveaux plc' as follows:

 

Huveaux plc

("Huveaux" or the "Company")

 

Completion of the sale of Education Division

 

Further to the announcement on 4 March 2010, the board of Huveaux is pleased to confirm that it has today completed the sale to Harper Collins Publishers Limited of the entire share capital of Letts Educational Limited and Leckie & Leckie Limited and of the business and assets of Lonsdale (together the "Education Division") for a cash consideration of £10.0 million.

The preliminary statement of audited results for the year ended 31 December 2009 will be released on 22nd March 2010.

Enquiries:

 

Huveaux plc

Kevin Hand

Non-Executive Chairman

Gerry Murray

Chief Executive Officer

Rupert Levy

Group Finance Director

Telephone

020 7811 5026

 

KPMG Corporate Finance (financial adviser)

David Elms

Susan Walker

Telephone

020 7311 1000

 

Brewin Dolphin Limited (nominated adviser)

Sandy Fraser

Telephone

0845 213 2072

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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