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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Asfare | LSE:ASF | London | Ordinary Share | GB0033997387 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 169.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7574J Asfare Group plc 02 October 2006 Press Release 2 October 2006 Asfare Group plc ("Asfare" or "the Company") Property Sale for #1.3m and Leaseback Concluded Asfare Group plc, a leading supplier of products and services to the emergency and homeland security markets is pleased to announce that it's wholly owned subsidiary, Todd Research Limited, has sold its' freehold property in Chelmsford for #1.3m. The property was part of the original assets of Todd Research Limited whose shares were acquired in November 2005 for a consideration of #1.65m. The funds from the sale will reduce the current debt levels in the business. Simultaneously an agreement has been signed to leaseback part of the building. The reduced requirement for space reflects the outsourcing by Todd Research of the metal box build capability which was previously undertaken at Chelmsford. - Ends - For further information, please contact: Enquiries: Asfare Group plc www.asfare.com Tony O'Neill, Chief Executive Tim O'Connor, Finance Director Tel: +44 (0) 2380 861 966 Seymour Pierce Mark Percy Tel: +44 (0) 20 7107 8000 Media enquiries: Abchurch Communications Charlie.jack Tel: +44 (0) 20 7398 7700 charlie.jack@abchurch-group.com This information is provided by RNS The company news service from the London Stock Exchange END MSCSEAFAUSMSEFU
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