6 Oct 2017 12:28
RNS Number : 9624S
Adams PLC
06 October 2017
Adams plc
("Adams" or the "Company")
Disposal
The Directors announce that, on 5 October 2017, Adams sold a holding of 68,753 ordinary shares of €0.01 in GVC Holdings plc on the Main Market of the London Stock Exchange at a price of 850 pence per share for a total cash consideration of £584,400. Following this disposal, the Company will have cash balances of approximately £660,000. The Directors intend to reinvest the proceeds of the disposal in accordance with the Company's Investing Policy.
Enquiries:
Adams plc | |
Mike Bretherton | Tel: +44 1534 719 761 |
Nomad | |
Cairn Financial Advisers LLP | |
Sandy Jamieson, James Caithie | Tel: +44 207 213 0880 |
Broker | |
Peterhouse Corporate Finance Limited | |
Lucy Williams, Duncan Vasey | Tel: +44 207 469 0930 |
This information is provided by RNS
The company news service from the London Stock Exchange
Adams (ADA)