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EMH Pferdewettende AG

3.36
0.02 (0.60%)
27 Dec 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Pferdewettende AG TG:EMH Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.60% 3.36 3.22 3.50 3.84 3.22 3.52 4,662 22:50:04

Disposal

01/12/2003 8:16am

UK Regulatory


RNS Number:6661S
European Motor Hldgs PLC
01 December 2003


                      EUROPEAN MOTOR HOLDINGS plc ("EMH")

                                    DISPOSAL

EMH has disposed of the business and certain assets of its remaining Vauxhall
business, Normand Heathrow, to Lance Owen (Kingston) Limited on 30 November
2003.  The total consideration for this transaction was #601,000 for the assets
disposed of and #100,000 in respect of goodwill.  The business operated from
leasehold premises which have been sublet to the purchaser.

The disposal of this business will allow the Group to focus on expanding with
its three core motor retail partners: BMW Group, Premier Automotive Group and
the Volkswagen Group.






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

END
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