15 Jan 2014 09:50
RNS Number : 7072X
Ashley (Laura) Hldgs PLC
15 January 2014
LAURA ASHLEY HOLDINGS PLC
Disposal of stake in Moss Bros Group plc
15 January 2014
Laura Ashley Holdings Plc ("Laura Ashley") announces that on 14 January 2014 Bagleys Investments Limited, a company 100 per cent. owned by Laura Ashley, disposed of its entire holding of 9,499,937 shares in Moss Bros Group plc at a price of 84 pence per share. The proceeds of the sale will enhance the financial position of Laura Ashley and will be used for additional working capital and other purposes.
Enquiries:
Seán Anglim Laura Ashley 020 7880 5100
Anita Scott/James Olley Brunswick 020 7404 5959
Mark Percy (Corporate Finance) Cantor Fitzgerald Europe 020 7894 7624
Richard Redmayne (Corporate Broking)
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ALY.L (ALY)
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