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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Innoviva Inc | TG:HVE | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.30 | 15.10 | 15.40 | 0.00 | 06:32:02 |
RNS Number:7350H Havelock Europa PLC 20 February 2003 HAVELOCK EUROPA PLC Completion of disposal of 49% interest in Bahraini JV Havelock Europa, whose businesses are educational and retail interiors (in which it is the UK market leader) and point of sale display, announces that, following yesterday's receipt of the approval of the Bahraini Ministry of Commerce, it has completed the disposal, which was announced on 15 January 2003. The #2.9 m disposal will give rise, after expenses, to a non-taxable profit of approximately #0.9 m which will be consolidated into the results for the financial year ending 31 December 2003. In addition, after investment of part of the proceeds in a 17% interest in the acquiror, Phaedra Holdings Limited, #2.0 m of cash will be received shortly, which will be applied towards the acceleration of the reduction in Havelock's gearing. Havelock proposes to announce its results for the year ended 31 December 2002 on Tuesday 1 April 2003. Enquiries: Havelock Europa PLC 01383-820 044 Hew Balfour (Chief Executive) Graham MacSporran (Finance Director) Bankside Consultants Limited Charles Ponsonby 020-7444 4166 This information is provided by RNS The company news service from the London Stock Exchange END DISURRKRORRUURR
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