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Sale of Central Processing Unit

19 Oct 2017 09:35

RNS Number : 0708U
Comptoir Group PLC
19 October 2017
 

19 October 2017

Comptoir Group PLC

("Comptoir", the "Company" or the "Group")

Sale of Central Processing Unit

Comptoir is pleased to announce that yesterday afternoon during a property auction the Company sold its freehold central processing unit (CPU). Completion of the sale is expected before the end of the current calendar year. The sale price was £2.69million, before costs associated with the transaction.

 

The sale of the CPU was highlighted to shareholders in the Placing announcement released by the Company on 28 September 2017. The Company will notify shareholders when the sale completes. The Company will use funds raised from the sale for general working capital purposes and to assess further new restaurant opportunities.

 

For further information, please contact:

Comptoir Group plc

Chaker Hanna

 

Tel: 0207 486 1111

Cenkos Securities PLC (NOMAD and Broker)

Bobbie Hilliam

Nick Searle

 

Tel: 020 7397 8900

 

 

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