Carr's Group PLC Agricultural Supplies Division Disposal Complete (2122E)

TIDMCARR

RNS Number : 2122E

Carr's Group PLC

26 October 2022

FOR IMMEDIATE RELEASE

26 October 2022

Carr's Group plc

(the "Company")

Completion of disposal of interests in Agricultural Supplies Division

Further to the announcements on 31 August 2022 and 19 September 2022, the Company confirms that the disposal of its interests in the Agricultural Supplies Division has now completed. The initial cash proceeds received were GBP24.7m following certain working capital adjustments since the announcement on 31 August 2022. The consideration receivable remains subject to any final adjustments once the completion accounts mechanism is finalised.

Capitalised terms in this announcement shall, unless otherwise defined, have the same meanings as set out in the Company's announcement on 31 August 2022.

Enquiries:

 
                                              +44 (0) 1228 554 
 Carr's Group plc                              600 
 Peter Page (Executive Chairman) 
 Neil Austin (Chief Financial Officer) 
 
 Investec Bank plc (Sponsor and Corporate     +44 (0) 20 7597 
  Broker)                                      5970 
 Carlton Nelson / David Anderson / William 
  Brinkley 
 
                                              +44 (0) 20 7250 
 Powerscourt (Financial PR)                    1446 
 Nick Dibden / Nick Hayns / Sam Austrums

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DISFLFEIIALRFIF

(END) Dow Jones Newswires

October 26, 2022 07:00 ET (11:00 GMT)

Carrs (AQSE:CARR.GB)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024